https://www.taxtmi.com/caselaws?id=58837 Income already assessed in the hands of the beneficiary under section 161 cannot be included again in the trust's gross total income for exemption under section 80T(a). Gross total income under section 80B(5) is computed under the Act before Chapter VIA deductions, and there is no basis to treat such income as part of the trust's total income merely because it was received by the trust. The principle against double inclusion of the same income in another assessee's hands applies, so the trust was entitled to the exemption. en-us Fri, 10 Feb 1984 00:00:00 +0530 Wed, 22 Dec 2010 14:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58837 Income already assessed in the hands of the beneficiary under section 161 cannot be included again in the trust's gross total income for exemption under section 80T(a). Gross total income under section 80B(5) is computed under the Act before Chapter VIA deductions, and there is no basis to treat such income as part of the trust's total income merely because it was received by the trust. The principle against double inclusion of the same income in another assessee's hands applies, so the trust was entitled to the exemption. Case-Laws Income Tax Fri, 10 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58837