https://www.taxtmi.com/caselaws?id=26624 Section 22 applies only where the assessee is the legal owner of the property; an agreement to sell, payment of consideration and possession do not amount to ownership without a registered conveyance, even if section 53A rights exist. On that basis, the assessee was not treated as owner of the three flats for house-property assessment. Where rent is received by a person who is not the legal owner, the income is not outside tax merely because section 22 does not apply; it is assessable under the residuary head as income from other sources. The assessment was therefore upheld on both questions. en-us Fri, 21 Mar 1986 00:00:00 +0530 Sat, 06 Feb 2010 13:52:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26624 Section 22 applies only where the assessee is the legal owner of the property; an agreement to sell, payment of consideration and possession do not amount to ownership without a registered conveyance, even if section 53A rights exist. On that basis, the assessee was not treated as owner of the three flats for house-property assessment. Where rent is received by a person who is not the legal owner, the income is not outside tax merely because section 22 does not apply; it is assessable under the residuary head as income from other sources. The assessment was therefore upheld on both questions. Case-Laws Income Tax Fri, 21 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26624