https://www.taxtmi.com/caselaws?id=175044 For house property under a court-appointed receiver, the decisive question under section 9 of the Income-tax Act, 1922, was who qualified as the "owner". The provision fastened liability on the owner, and the allowance for mortgage interest indicated that a mortgagor remained liable despite an English mortgage. A receiver in possession and management under court directions did not acquire ownership, and the mortgagee was not treated as owner because the legal estate remained with the mortgagor. The annual value was therefore includible in the assessee's assessment, and the mortgagor was treated as the owner for section 9. en-us Fri, 19 Mar 1948 00:00:00 +0530 Wed, 04 Nov 2015 11:59:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175044 For house property under a court-appointed receiver, the decisive question under section 9 of the Income-tax Act, 1922, was who qualified as the "owner". The provision fastened liability on the owner, and the allowance for mortgage interest indicated that a mortgagor remained liable despite an English mortgage. A receiver in possession and management under court directions did not acquire ownership, and the mortgagee was not treated as owner because the legal estate remained with the mortgagor. The annual value was therefore includible in the assessee's assessment, and the mortgagor was treated as the owner for section 9. Case-Laws Income Tax Fri, 19 Mar 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175044