https://www.taxtmi.com/caselaws?id=182565 The High Court of Bombay dismissed the appeal regarding the interpretation of deduction under section 80O of the Income Tax Act, 1961. The Court held that interest income and dividend income are part of the gross total income as per the Act's provisions, supporting the Tribunal's decision to include them in the deduction calculation. As no substantial question of law was identified, the appeal was dismissed with no order as to costs. en-us Mon, 18 Oct 2010 00:00:00 +0530 Fri, 13 May 2016 13:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182565 The High Court of Bombay dismissed the appeal regarding the interpretation of deduction under section 80O of the Income Tax Act, 1961. The Court held that interest income and dividend income are part of the gross total income as per the Act's provisions, supporting the Tribunal's decision to include them in the deduction calculation. As no substantial question of law was identified, the appeal was dismissed with no order as to costs. Case-Laws Income Tax Mon, 18 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182565