https://www.taxtmi.com/caselaws?id=65973 The Tribunal upheld the authorities' decision, ruling that the ceiling limit under section 80C of the Income-tax Act applies to the qualifying amount of premium paid under section 80C(2) rather than the eligible deduction amount under section 80C(1). The Tribunal emphasized that the ceiling is on the aggregate of specified sums and not on the final eligible deduction amount. It rejected the appellant's argument drawing an analogy from a different section, emphasizing the distinction in provisions and legislative intent. The appeal was dismissed based on the clear language and legislative intent behind section 80C. en-us Fri, 30 Mar 1984 00:00:00 +0530 Sat, 19 Feb 2011 15:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65973 The Tribunal upheld the authorities' decision, ruling that the ceiling limit under section 80C of the Income-tax Act applies to the qualifying amount of premium paid under section 80C(2) rather than the eligible deduction amount under section 80C(1). The Tribunal emphasized that the ceiling is on the aggregate of specified sums and not on the final eligible deduction amount. It rejected the appellant's argument drawing an analogy from a different section, emphasizing the distinction in provisions and legislative intent. The appeal was dismissed based on the clear language and legislative intent behind section 80C. Case-Laws Income Tax Fri, 30 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65973