https://www.taxtmi.com/caselaws?id=21536 The Delhi High Court, in a judgment delivered by B. N. Kirpal J., ruled in favor of the Revenue in a case concerning the interpretation of provisions under sections 80M, 80K, and 80L of the Income-tax Act, 1961. The court held that deductions on gross dividend income were not permissible under sections 80K and 80L, aligning with precedents set by the Supreme Court. The Income-tax Appellate Tribunal was directed to calculate the deductions in accordance with the judgment, with no costs awarded in the matter. en-us Tue, 09 Jul 1991 00:00:00 +0530 Wed, 25 Nov 2009 12:09:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21536 The Delhi High Court, in a judgment delivered by B. N. Kirpal J., ruled in favor of the Revenue in a case concerning the interpretation of provisions under sections 80M, 80K, and 80L of the Income-tax Act, 1961. The court held that deductions on gross dividend income were not permissible under sections 80K and 80L, aligning with precedents set by the Supreme Court. The Income-tax Appellate Tribunal was directed to calculate the deductions in accordance with the judgment, with no costs awarded in the matter. Case-Laws Income Tax Tue, 09 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21536