https://www.taxtmi.com/caselaws?id=19018 The High Court of Madras affirmed the Tribunal's decision allowing a trustee's deduction on dividends under section 80M of the Income-tax Act for the assessment years 1978-79 and 1979-80. The court ruled in favor of the trustee based on a previous case involving the same assessee, answering the Tribunal's question in the affirmative, against the Department. en-us Wed, 08 Mar 1995 00:00:00 +0530 Tue, 03 Nov 2009 13:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19018 The High Court of Madras affirmed the Tribunal's decision allowing a trustee's deduction on dividends under section 80M of the Income-tax Act for the assessment years 1978-79 and 1979-80. The court ruled in favor of the trustee based on a previous case involving the same assessee, answering the Tribunal's question in the affirmative, against the Department. Case-Laws Income Tax Wed, 08 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19018