https://www.taxtmi.com/caselaws?id=10813 The court dismissed the Revenue's appeals, holding that the trustees of the assessee trust should be assessed as "individuals." This decision entitled the assessee to claim deductions under section 80L and be taxed at individual rates, not at the maximum marginal rate. The court emphasized the importance of consistency in judicial decisions and referenced precedents from various High Courts to support its ruling. en-us Fri, 10 Sep 2004 00:00:00 +0530 Sat, 25 Jul 2009 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10813 The court dismissed the Revenue's appeals, holding that the trustees of the assessee trust should be assessed as "individuals." This decision entitled the assessee to claim deductions under section 80L and be taxed at individual rates, not at the maximum marginal rate. The court emphasized the importance of consistency in judicial decisions and referenced precedents from various High Courts to support its ruling. Case-Laws Income Tax Fri, 10 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10813