https://www.taxtmi.com/caselaws?id=21952 The High Court determined that the sole proprietor of a transport service was the true owner of trucks for tax assessment purposes, despite them being registered under different names. The Court found that the purported owners lacked the means to purchase or maintain the trucks, with all income and expenses controlled by the assessee. Consequently, the Court affirmed the Tribunal's decision, ruling in favor of the Income-tax Officer's assessment attributing the truck income to the assessee. en-us Wed, 05 Feb 1992 00:00:00 +0530 Sat, 05 Dec 2009 10:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21952 The High Court determined that the sole proprietor of a transport service was the true owner of trucks for tax assessment purposes, despite them being registered under different names. The Court found that the purported owners lacked the means to purchase or maintain the trucks, with all income and expenses controlled by the assessee. Consequently, the Court affirmed the Tribunal's decision, ruling in favor of the Income-tax Officer's assessment attributing the truck income to the assessee. Case-Laws Income Tax Wed, 05 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21952