Computation of share: treat each person as individually entitled to the applicable tax relief for computation purposes. The amendment clarifies that, in applying subsection (2) of section 23 to compute each person's share under section 26, that share must be calculated as if each person were individually entitled to the relief provided in that subsection.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Computation of share: treat each person as individually entitled to the applicable tax relief for computation purposes.
The amendment clarifies that, in applying subsection (2) of section 23 to compute each person's share under section 26, that share must be calculated as if each person were individually entitled to the relief provided in that subsection.
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