https://www.taxtmi.com/caselaws?id=28799 The proper basis for computing deduction under section 36(1)(viii) for a financial corporation was considered, and the Court applied its earlier ruling in the assessee's own matter. The deduction was held to be computable on the basis already accepted by the Court, not on the total assessed income, and the question was answered in favour of the assessee and against the Revenue. en-us Mon, 07 Aug 1978 00:00:00 +0530 Thu, 25 Feb 2010 17:31:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28799 The proper basis for computing deduction under section 36(1)(viii) for a financial corporation was considered, and the Court applied its earlier ruling in the assessee's own matter. The deduction was held to be computable on the basis already accepted by the Court, not on the total assessed income, and the question was answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 07 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28799