Deduction u/s 80M allowed despite dividend distribution tax; Section 115-O doesn't invalidate claim for the relevant year.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Denial of deduction u/s 80M on the ground that dividend was subject to dividend distribution tax (DDT) - provisions of section 115-O will not negate the assessee’s claim for deduction u/s 80M in the year - AT....