https://www.taxtmi.com/caselaws?id=56215 Trustees assessed in a representative capacity under sections 160, 161 and 166 are liable only to the same extent as the beneficiaries represented, so the assessment status follows the beneficiary's status. In a discretionary trust where the beneficiaries would be treated as individuals on direct assessment, the trustees are likewise treated as individuals for representative assessment. The deeming rule in section 164 does not enlarge that liability or remove exemptions and deductions otherwise available in computing total income. On that basis, the trust was entitled to deduction under section 80L, and the Revenue's objection failed. en-us Wed, 15 Jun 1988 00:00:00 +0530 Thu, 02 Dec 2010 13:30:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56215 Trustees assessed in a representative capacity under sections 160, 161 and 166 are liable only to the same extent as the beneficiaries represented, so the assessment status follows the beneficiary's status. In a discretionary trust where the beneficiaries would be treated as individuals on direct assessment, the trustees are likewise treated as individuals for representative assessment. The deeming rule in section 164 does not enlarge that liability or remove exemptions and deductions otherwise available in computing total income. On that basis, the trust was entitled to deduction under section 80L, and the Revenue's objection failed. Case-Laws Income Tax Wed, 15 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56215