https://www.taxtmi.com/caselaws?id=10333 The court upheld the Income-tax Appellate Tribunal's decision that deductions under section 36(1)(viii) do not impact the computation of deductions under section 80M of the Income-tax Act. It affirmed that the benefit under section 80M should be calculated based on gross dividend income, independent of deductions under section 36(1)(viii). The appeal was dismissed, concluding that the provisions are separate, and the Tribunal's approach was deemed correct. en-us Fri, 07 Nov 2003 00:00:00 +0530 Mon, 13 Jul 2009 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10333 The court upheld the Income-tax Appellate Tribunal's decision that deductions under section 36(1)(viii) do not impact the computation of deductions under section 80M of the Income-tax Act. It affirmed that the benefit under section 80M should be calculated based on gross dividend income, independent of deductions under section 36(1)(viii). The appeal was dismissed, concluding that the provisions are separate, and the Tribunal's approach was deemed correct. Case-Laws Income Tax Fri, 07 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10333