https://www.taxtmi.com/caselaws?id=395324 The Tribunal allowed several grounds in favor of the assessee, particularly regarding the computation of income from the life insurance business and the treatment of actuarial surplus. The Tribunal upheld the disallowance of donation expenditure under Section 37(1) but allowed its consideration under Section 80G. Additionally, the Tribunal allowed the exemption for dividend income under Section 10(34) and amended the direction for the re-computation of losses. The appeal was partly allowed, with some grounds dismissed as premature. en-us Wed, 13 May 2020 00:00:00 +0530 Tue, 27 Oct 2020 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395324 The Tribunal allowed several grounds in favor of the assessee, particularly regarding the computation of income from the life insurance business and the treatment of actuarial surplus. The Tribunal upheld the disallowance of donation expenditure under Section 37(1) but allowed its consideration under Section 80G. Additionally, the Tribunal allowed the exemption for dividend income under Section 10(34) and amended the direction for the re-computation of losses. The appeal was partly allowed, with some grounds dismissed as premature. Case-Laws Income Tax Wed, 13 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395324