https://www.taxtmi.com/caselaws?id=26812 The Supreme Court overturned the Tribunal's decision regarding the benefit under Sections 80K and 80M, ruling that the benefit under Section 80M should be granted on net dividend income after deducting management expenses. However, for Section 80K, the benefit should be on gross dividend income. The court upheld the Tribunal's deletion of the addition representing the appreciation in the value of share investments. Additionally, the court affirmed the Tribunal's interpretation of rule 5(b) of Schedule I as valid and justified. en-us Mon, 16 Dec 1985 00:00:00 +0530 Mon, 08 Feb 2010 16:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26812 The Supreme Court overturned the Tribunal's decision regarding the benefit under Sections 80K and 80M, ruling that the benefit under Section 80M should be granted on net dividend income after deducting management expenses. However, for Section 80K, the benefit should be on gross dividend income. The court upheld the Tribunal's deletion of the addition representing the appreciation in the value of share investments. Additionally, the court affirmed the Tribunal's interpretation of rule 5(b) of Schedule I as valid and justified. Case-Laws Income Tax Mon, 16 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26812