https://www.taxtmi.com/caselaws?id=37473 A general insurance assessee remained entitled to rebate under section 15B(2) of the Indian Income-tax Act, 1922, and the corresponding 1961 provisions in respect of dividend income and a donation to a trust, because the insurance computation schedule did not displace otherwise available exemption and rebate provisions. The rebate on dividends had to be computed on the gross dividend amount, not on net dividends after deducting related expenses. The separate question on entertainment expenses beyond Rs. 5,000 was not decided, as it was not pressed. en-us Wed, 23 Nov 1977 00:00:00 +0530 Tue, 30 Mar 2010 10:36:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37473 A general insurance assessee remained entitled to rebate under section 15B(2) of the Indian Income-tax Act, 1922, and the corresponding 1961 provisions in respect of dividend income and a donation to a trust, because the insurance computation schedule did not displace otherwise available exemption and rebate provisions. The rebate on dividends had to be computed on the gross dividend amount, not on net dividends after deducting related expenses. The separate question on entertainment expenses beyond Rs. 5,000 was not decided, as it was not pressed. Case-Laws Income Tax Wed, 23 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37473