https://www.taxtmi.com/caselaws?id=69757 The appeal involved objections regarding the inclusion of share income from firms in the individual's hands under the IT Act, 1961. The Tribunal ruled in favor of the assessee, allowing relief under s. 80C for Life Insurance premium paid by the HUF and deleting the inclusion of the minor son's share income. The Tribunal held that the share income of the minor son should be assessable only in the minor's hands for that year. The appeal was partly allowed, granting relief under s. 80C and deleting the inclusion of the minor son's income. en-us Fri, 07 Mar 1980 00:00:00 +0530 Mon, 13 Jun 2011 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69757 The appeal involved objections regarding the inclusion of share income from firms in the individual's hands under the IT Act, 1961. The Tribunal ruled in favor of the assessee, allowing relief under s. 80C for Life Insurance premium paid by the HUF and deleting the inclusion of the minor son's share income. The Tribunal held that the share income of the minor son should be assessable only in the minor's hands for that year. The appeal was partly allowed, granting relief under s. 80C and deleting the inclusion of the minor son's income. Case-Laws Income Tax Fri, 07 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69757