Madras H.C : Deduction under s. 80M should be allowed on the gross amount of dividend of Rs. 9,54,744 and not on the net dividend after deduction of interest paid on the capital borrowed for investments ?
High Court Of Madras CIT vs. V. Ramakrishna & Sons Section 80M Asst. Year 1972-73 Ratnam & Bakthavatsalam, JJ. Tax […]