https://www.taxtmi.com/caselaws?id=37334 The High Court of Madras ruled in favor of the Hindu Undivided Family (HUF) in a case concerning relief under section 80T of the Income-tax Act, 1961 for the assessment year 1973-74. The court held that relief under section 80T should be based on the entire amount of capital gains without adjusting for losses. The judgment favored the assessee, entitling them to costs amounting to Rs. 500. en-us Tue, 03 Jul 1979 00:00:00 +0530 Mon, 29 Mar 2010 11:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37334 The High Court of Madras ruled in favor of the Hindu Undivided Family (HUF) in a case concerning relief under section 80T of the Income-tax Act, 1961 for the assessment year 1973-74. The court held that relief under section 80T should be based on the entire amount of capital gains without adjusting for losses. The judgment favored the assessee, entitling them to costs amounting to Rs. 500. Case-Laws Income Tax Tue, 03 Jul 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37334