https://www.taxtmi.com/caselaws?id=70878 Rental income from a superstructure could be assessed in the assessee company's hands because the unregistered deed did not transfer legal title. The transfer of ownership of an immovable superstructure required compulsory registration, and without registration the assessee remained the legal owner. Section 53A of the Transfer of Property Act did not confer ownership on the transferee, and beneficial ownership was irrelevant for charge under section 22 of the Income-tax Act. Section 27(iiia) also did not apply to the assessment years concerned. The rental income was therefore includible in the assessee company's total income. en-us Fri, 20 Jul 1990 00:00:00 +0530 Tue, 19 Apr 2011 17:54:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70878 Rental income from a superstructure could be assessed in the assessee company's hands because the unregistered deed did not transfer legal title. The transfer of ownership of an immovable superstructure required compulsory registration, and without registration the assessee remained the legal owner. Section 53A of the Transfer of Property Act did not confer ownership on the transferee, and beneficial ownership was irrelevant for charge under section 22 of the Income-tax Act. Section 27(iiia) also did not apply to the assessment years concerned. The rental income was therefore includible in the assessee company's total income. Case-Laws Income Tax Fri, 20 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70878