https://www.taxtmi.com/caselaws?id=308605 The tribunal dismissed the revenue's appeal regarding the eligibility of deduction under section 80P (2) (d) for dividend income, upholding the assessee's claim for exemption based on precedents and the plain law of the section. Additionally, the tribunal dismissed the cross objection of the assessee concerning the addition of the opening balance of the Special Reserve under section 41(1) of the Act, finding the grounds in the cross objections were not pressed. en-us Wed, 04 May 2022 00:00:00 +0530 Sat, 08 Jul 2023 07:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308605 The tribunal dismissed the revenue's appeal regarding the eligibility of deduction under section 80P (2) (d) for dividend income, upholding the assessee's claim for exemption based on precedents and the plain law of the section. Additionally, the tribunal dismissed the cross objection of the assessee concerning the addition of the opening balance of the Special Reserve under section 41(1) of the Act, finding the grounds in the cross objections were not pressed. Case-Laws Income Tax Wed, 04 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308605