https://www.taxtmi.com/caselaws?id=26548 The court ruled against the Tribunal, stating that deductions under sections 80G and 80M should be calculated after setting off brought forward losses and unabsorbed depreciation. The correct computation method involves considering set offs and carry forwards of losses and depreciation before allowing any deductions under Chapter VI-A of the Income-tax Act, 1961. The judgment favored the Revenue, with no costs awarded, and both judges concurred with the decision. en-us Fri, 16 May 1986 00:00:00 +0530 Sat, 06 Feb 2010 10:06:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26548 The court ruled against the Tribunal, stating that deductions under sections 80G and 80M should be calculated after setting off brought forward losses and unabsorbed depreciation. The correct computation method involves considering set offs and carry forwards of losses and depreciation before allowing any deductions under Chapter VI-A of the Income-tax Act, 1961. The judgment favored the Revenue, with no costs awarded, and both judges concurred with the decision. Case-Laws Income Tax Fri, 16 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26548