https://www.taxtmi.com/caselaws?id=19552 The High Court of Bombay addressed a reference under section 256(1) of the Income-tax Act, 1961, regarding the computation of deductions under section 80G for a limited company's donations. The court clarified that the ceiling limit specified in section 80G(4) applies to the aggregate of donations for which deduction is claimed, not the deduction amount itself. The court disagreed with the Andhra Pradesh High Court's interpretation and favored the Revenue, stating that the principle of beneficial interpretation did not apply in this case. No costs were awarded in the circumstances of the case. en-us Tue, 08 Nov 1994 00:00:00 +0530 Sat, 07 Nov 2009 10:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19552 The High Court of Bombay addressed a reference under section 256(1) of the Income-tax Act, 1961, regarding the computation of deductions under section 80G for a limited company's donations. The court clarified that the ceiling limit specified in section 80G(4) applies to the aggregate of donations for which deduction is claimed, not the deduction amount itself. The court disagreed with the Andhra Pradesh High Court's interpretation and favored the Revenue, stating that the principle of beneficial interpretation did not apply in this case. No costs were awarded in the circumstances of the case. Case-Laws Income Tax Tue, 08 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19552