https://www.taxtmi.com/caselaws?id=27039 The High Court addressed whether property purchased in the name of minor sons was benami and if the income could be assessed in the assessee's hands. It emphasized the importance of evidence in determining the nature of the transaction. The Court rephrased the question for reference to the Court, directing the Tribunal to seek the Court's opinion. Both applications were allowed, with parties bearing their own costs. en-us Fri, 19 Apr 1985 00:00:00 +0530 Wed, 10 Feb 2010 13:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27039 The High Court addressed whether property purchased in the name of minor sons was benami and if the income could be assessed in the assessee's hands. It emphasized the importance of evidence in determining the nature of the transaction. The Court rephrased the question for reference to the Court, directing the Tribunal to seek the Court's opinion. Both applications were allowed, with parties bearing their own costs. Case-Laws Income Tax Fri, 19 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27039