https://www.taxtmi.com/caselaws?id=288892 The court ruled that the amount diverted to the mother, as per the father's will, was assessable to tax in the son's hands. The court found that the arrangement did not constitute income diverted by overriding title but rather a specific profit-sharing agreement. It was noted that the same income had already been taxed in the mother's hands, potentially leading to double taxation, which the tax authorities were expected to rectify. The son was directed to pay costs, and the income tax authorities were tasked with addressing any double taxation issues. en-us Mon, 16 Sep 1957 00:00:00 +0530 Sat, 04 Jul 2020 14:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288892 The court ruled that the amount diverted to the mother, as per the father's will, was assessable to tax in the son's hands. The court found that the arrangement did not constitute income diverted by overriding title but rather a specific profit-sharing agreement. It was noted that the same income had already been taxed in the mother's hands, potentially leading to double taxation, which the tax authorities were expected to rectify. The son was directed to pay costs, and the income tax authorities were tasked with addressing any double taxation issues. Case-Laws Income Tax Mon, 16 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288892