Deduction u/s 80M

Can we claim deduction u/s 80M when we received equity dividend and paid preference dividend in due course..?
Replies (1)
Preference Dividend should be distributed before the the due date means, before one month of filling return of Income under section 139(1) of the income tax Act not in due course. , If you want to claim deduction under section 80M of the income tax Act.

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