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Commissioner Of Income-Tax, Gujrat vs Cotton Fabrics Ltd. on 22 December, 1975

3.2 The appellant submits that no expenditure of the nature referred to in Sections 57(i) and 57(iii) has been incurred and accordingly the deduction under Section 80M ought to be granted on the gross dividend income, even after the insertion of Section 80AA, relying on the decision of the Gujarat High Court in the case of CIT v. Cotton Fabrics Ltd. [1981] 131 ITR 99.
Gujarat High Court Cites 20 - Cited by 37 - Full Document
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