https://www.taxtmi.com/caselaws?id=8539 The High Court held that the wife, as the assessee, was not entitled to a rebate on insurance premiums paid by her husband under section 87(1)(a) of the Income-tax Act. The court emphasized that for the rebate, the premium must be paid by the assessee, not the spouse. The application of section 64(1) to attribute income from a business to the spouse did not extend to claiming the rebate. The judgment clarified the strict interpretation of section 87(1)(a) and the limited scope of section 64(1) in income computation for spouses in a business partnership. en-us Thu, 05 Aug 1971 00:00:00 +0530 Wed, 29 Apr 2009 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8539 The High Court held that the wife, as the assessee, was not entitled to a rebate on insurance premiums paid by her husband under section 87(1)(a) of the Income-tax Act. The court emphasized that for the rebate, the premium must be paid by the assessee, not the spouse. The application of section 64(1) to attribute income from a business to the spouse did not extend to claiming the rebate. The judgment clarified the strict interpretation of section 87(1)(a) and the limited scope of section 64(1) in income computation for spouses in a business partnership. Case-Laws Income Tax Thu, 05 Aug 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8539