https://www.taxtmi.com/caselaws?id=70019 Ownership of a building erected on jointly held land turns on the source of funds used for construction and the surrounding conduct. The land was treated as held by the erstwhile joint family as tenants-in-common, but the assessee failed to prove that the shopping complex was built from joint family funds; the claimed temple collections and gold bonds were not satisfactorily established, while tenants' advances, chit fund receipts and a bank loan were dealt with in the assessee's individual capacity. On that basis, the superstructure was treated as the assessee's individual property, and the rental income and capital gains from its exploitation and sale were assessable in his hands. en-us Tue, 17 Mar 1992 00:00:00 +0530 Wed, 13 Apr 2011 14:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70019 Ownership of a building erected on jointly held land turns on the source of funds used for construction and the surrounding conduct. The land was treated as held by the erstwhile joint family as tenants-in-common, but the assessee failed to prove that the shopping complex was built from joint family funds; the claimed temple collections and gold bonds were not satisfactorily established, while tenants' advances, chit fund receipts and a bank loan were dealt with in the assessee's individual capacity. On that basis, the superstructure was treated as the assessee's individual property, and the rental income and capital gains from its exploitation and sale were assessable in his hands. Case-Laws Income Tax Tue, 17 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70019