https://www.taxtmi.com/caselaws?id=28363 The High Court of Madras upheld the Income Tax Officer's decision to include the income from a disputed property in the assessee's assessment. Despite the son being the registered owner, evidence showed the funds for the property came from the assessee. The Court emphasized that tax liability is based on actual ownership, not just registered ownership. The Tribunal's decision was supported by sufficient evidence, leading the Court to rule in favor of the Department, affirming the income inclusion in the assessee's assessment and awarding costs to the Department. en-us Mon, 11 Oct 1982 00:00:00 +0530 Mon, 22 Feb 2010 10:10:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28363 The High Court of Madras upheld the Income Tax Officer's decision to include the income from a disputed property in the assessee's assessment. Despite the son being the registered owner, evidence showed the funds for the property came from the assessee. The Court emphasized that tax liability is based on actual ownership, not just registered ownership. The Tribunal's decision was supported by sufficient evidence, leading the Court to rule in favor of the Department, affirming the income inclusion in the assessee's assessment and awarding costs to the Department. Case-Laws Income Tax Mon, 11 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28363