https://www.taxtmi.com/caselaws?id=38792 Section 80M relief was held allowable on gross dividend income received from domestic companies, without first deducting related expenses or interest. The court applied its earlier binding interpretations of "gross total income" and treated them as directly governing the same statutory question, rejecting the department's attempt to read section 80M strictly with section 80B(5). The operative effect was that the assessee remained entitled to deduction on the full dividend income, and the departmental objection failed. en-us Thu, 16 Dec 1976 00:00:00 +0530 Fri, 09 Apr 2010 11:01:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38792 Section 80M relief was held allowable on gross dividend income received from domestic companies, without first deducting related expenses or interest. The court applied its earlier binding interpretations of "gross total income" and treated them as directly governing the same statutory question, rejecting the department's attempt to read section 80M strictly with section 80B(5). The operative effect was that the assessee remained entitled to deduction on the full dividend income, and the departmental objection failed. Case-Laws Income Tax Thu, 16 Dec 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38792