https://www.taxtmi.com/caselaws?id=70377 The court ruled in favor of the assessee, holding that the income from the property was not assessable as part of the assessee's income. The court found that the property was owned by the assessee's wife, supported by documentary evidence such as the sale deed, agreement, and repayment of the loan. The court concluded that the department failed to prove the transaction was benami, setting aside the lower court's decision and allowing the appeal filed by the assessee. en-us Tue, 26 Mar 1985 00:00:00 +0530 Fri, 15 Apr 2011 18:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70377 The court ruled in favor of the assessee, holding that the income from the property was not assessable as part of the assessee's income. The court found that the property was owned by the assessee's wife, supported by documentary evidence such as the sale deed, agreement, and repayment of the loan. The court concluded that the department failed to prove the transaction was benami, setting aside the lower court's decision and allowing the appeal filed by the assessee. Case-Laws Income Tax Tue, 26 Mar 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70377