https://www.taxtmi.com/caselaws?id=253238 The Court upheld the decisions of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal, affirming the assessee's eligibility for deduction under Section 80M of the Income Tax Act, 1961. The Court rejected the Revenue's argument based on Sections 115-O(1) and 115-O(5), emphasizing that compliance with these sections was not necessary in this case. The Court found no substantial question of law, dismissing the appeal as the issue was settled by a previous judgment. The Court concluded that the Commissioner and Tribunal correctly interpreted and applied the relevant provisions of the Income Tax Act, 1961. en-us Wed, 05 Nov 2014 00:00:00 +0530 Sat, 21 Feb 2015 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253238 The Court upheld the decisions of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal, affirming the assessee's eligibility for deduction under Section 80M of the Income Tax Act, 1961. The Court rejected the Revenue's argument based on Sections 115-O(1) and 115-O(5), emphasizing that compliance with these sections was not necessary in this case. The Court found no substantial question of law, dismissing the appeal as the issue was settled by a previous judgment. The Court concluded that the Commissioner and Tribunal correctly interpreted and applied the relevant provisions of the Income Tax Act, 1961. Case-Laws Income Tax Wed, 05 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253238