https://www.taxtmi.com/caselaws?id=27137 The High Court affirmed the Tribunal's decision, ruling that the assessee company was entitled to the deduction under section 80M for the dividend income received through the trust. The Court held that the inclusion of dividend income in the assessee's gross total income satisfied the requirements of section 80M, making the assessee eligible for the deduction. The Court answered both issues in the affirmative and in favor of the assessee, with no order as to costs. en-us Mon, 22 Apr 1985 00:00:00 +0530 Thu, 11 Feb 2010 10:18:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27137 The High Court affirmed the Tribunal's decision, ruling that the assessee company was entitled to the deduction under section 80M for the dividend income received through the trust. The Court held that the inclusion of dividend income in the assessee's gross total income satisfied the requirements of section 80M, making the assessee eligible for the deduction. The Court answered both issues in the affirmative and in favor of the assessee, with no order as to costs. Case-Laws Income Tax Mon, 22 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27137