https://www.taxtmi.com/caselaws?id=70131 The court held that under section 80-L, the wife's dividend income should be computed after allowing a deduction of up to Rs. 3,000. This deduction is applied before clubbing the wife's income with her husband's, as per section 64(iii). Therefore, it was determined that 80-L relief is admissible to the wife's dividend income before it is combined with the husband's income. The appeal was allowed in favor of the assessee, establishing that the wife's dividend income is eligible for 80-L relief before being clubbed with her husband's income. en-us Wed, 28 Apr 1976 00:00:00 +0530 Thu, 14 Apr 2011 15:14:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70131 The court held that under section 80-L, the wife's dividend income should be computed after allowing a deduction of up to Rs. 3,000. This deduction is applied before clubbing the wife's income with her husband's, as per section 64(iii). Therefore, it was determined that 80-L relief is admissible to the wife's dividend income before it is combined with the husband's income. The appeal was allowed in favor of the assessee, establishing that the wife's dividend income is eligible for 80-L relief before being clubbed with her husband's income. Case-Laws Income Tax Wed, 28 Apr 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70131