https://www.taxtmi.com/caselaws?id=10547 Deductions allowed under section 80G of the Income-tax Act, 1961 were held not to be sums not includible in total income for deduction under rule 4 of the Second Schedule to the Companies (Profits) Surtax Act, 1964 while computing capital employed. The court followed an earlier Supreme Court ruling that had already decided the same question against the Revenue and noted that the Supreme Court had also approved earlier High Court decisions, including decisions of this court, on the point. The issue was therefore answered in favour of the assessee and against the Revenue. en-us Mon, 17 Jan 2005 00:00:00 +0530 Fri, 17 Jul 2009 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10547 Deductions allowed under section 80G of the Income-tax Act, 1961 were held not to be sums not includible in total income for deduction under rule 4 of the Second Schedule to the Companies (Profits) Surtax Act, 1964 while computing capital employed. The court followed an earlier Supreme Court ruling that had already decided the same question against the Revenue and noted that the Supreme Court had also approved earlier High Court decisions, including decisions of this court, on the point. The issue was therefore answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 17 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10547