https://www.taxtmi.com/caselaws?id=61475 The Tribunal concluded that the deduction under section 80M should be based on net dividend income, considering actual expenses incurred. It upheld the classification of profit from share sales as capital gains and allowed various business-related expenses, including project survey, Udyog Sahayak, and staff welfare, as revenue expenditure. The Tribunal's decisions aligned with established judicial principles and previous rulings in similar cases. en-us Mon, 10 Apr 2006 00:00:00 +0530 Wed, 20 Mar 2024 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61475 The Tribunal concluded that the deduction under section 80M should be based on net dividend income, considering actual expenses incurred. It upheld the classification of profit from share sales as capital gains and allowed various business-related expenses, including project survey, Udyog Sahayak, and staff welfare, as revenue expenditure. The Tribunal's decisions aligned with established judicial principles and previous rulings in similar cases. Case-Laws Income Tax Mon, 10 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61475