https://www.taxtmi.com/caselaws?id=199203 Avoidance of a voidable trust deed was treated as relating back to the original date, so legal title revested in the family from inception and the house-property income remained assessable in its hands on the basis of ownership. The Court also held that the later decree setting aside the deeds furnished sufficient material to reopen the earlier assessment under section 34, because the original exclusion rested on an assumption that the trusts were operative. On both points, the reference was answered against the assessee and in favour of Revenue. en-us Tue, 09 Oct 1956 00:00:00 +0530 Thu, 22 Feb 2018 17:03:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199203 Avoidance of a voidable trust deed was treated as relating back to the original date, so legal title revested in the family from inception and the house-property income remained assessable in its hands on the basis of ownership. The Court also held that the later decree setting aside the deeds furnished sufficient material to reopen the earlier assessment under section 34, because the original exclusion rested on an assumption that the trusts were operative. On both points, the reference was answered against the assessee and in favour of Revenue. Case-Laws Income Tax Tue, 09 Oct 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199203