https://www.taxtmi.com/acts?id=4281 A previously enacted provision required that deductions under section 80M for dividend income be computed with reference to the income from such dividends as computed under the Act rather than by reference to the gross dividend amount. That provision, inserted by a finance enactment with retrospective application and later omitted by subsequent legislation with savings, changed the statutory basis for calculating dividend related deductions for the affected assessment years. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 12:08:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4281 A previously enacted provision required that deductions under section 80M for dividend income be computed with reference to the income from such dividends as computed under the Act rather than by reference to the gross dividend amount. That provision, inserted by a finance enactment with retrospective application and later omitted by subsequent legislation with savings, changed the statutory basis for calculating dividend related deductions for the affected assessment years. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4281