https://www.taxtmi.com/caselaws?id=13701 The High Court upheld the decisions of the lower authorities, ruling in favor of the assessee. The court emphasized that the joint account's factual position was not conclusively proven, and the mother was not a mere benamidar. The court held that as long as the decision regarding the mother for a previous assessment year remained unchallenged and final, the Revenue could not dispute it in this case. The judgment highlighted the burden of proof in establishing a transaction as benami and the significance of previous decisions in related cases. en-us Wed, 02 Mar 2005 00:00:00 +0530 Wed, 01 Jul 2009 17:02:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13701 The High Court upheld the decisions of the lower authorities, ruling in favor of the assessee. The court emphasized that the joint account's factual position was not conclusively proven, and the mother was not a mere benamidar. The court held that as long as the decision regarding the mother for a previous assessment year remained unchallenged and final, the Revenue could not dispute it in this case. The judgment highlighted the burden of proof in establishing a transaction as benami and the significance of previous decisions in related cases. Case-Laws Income Tax Wed, 02 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13701