https://www.taxtmi.com/caselaws?id=28334 The court ruled that the wife's dividend income must be combined with the husband's income before any deduction under section 80L can be claimed. The court clarified that the total income should be computed first, and then the deduction under section 80L can be applied. Therefore, the court answered the first issue in the negative, against the assessee. As the primary issue was resolved, the court did not address the question regarding ownership of shares and deduction under section 80L. The court awarded costs to the Revenue, with counsel's fee set at Rs. 500. en-us Thu, 24 Mar 1983 00:00:00 +0530 Sat, 20 Feb 2010 13:55:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28334 The court ruled that the wife's dividend income must be combined with the husband's income before any deduction under section 80L can be claimed. The court clarified that the total income should be computed first, and then the deduction under section 80L can be applied. Therefore, the court answered the first issue in the negative, against the assessee. As the primary issue was resolved, the court did not address the question regarding ownership of shares and deduction under section 80L. The court awarded costs to the Revenue, with counsel's fee set at Rs. 500. Case-Laws Income Tax Thu, 24 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28334