https://www.taxtmi.com/caselaws?id=15291 The High Court ruled in favor of the assessee, determining that the income from the leasehold property sub-leased to Surendra Overseas Limited should not be taxed in the assessee's hands. The court emphasized ownership, possession transfer, and the absence of legal provisions allowing taxation in a different party's hands due to non-assessment. en-us Wed, 02 Feb 2000 00:00:00 +0530 Tue, 04 Aug 2009 14:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15291 The High Court ruled in favor of the assessee, determining that the income from the leasehold property sub-leased to Surendra Overseas Limited should not be taxed in the assessee's hands. The court emphasized ownership, possession transfer, and the absence of legal provisions allowing taxation in a different party's hands due to non-assessment. Case-Laws Income Tax Wed, 02 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15291