https://www.taxtmi.com/caselaws?id=29515 The court held that the wife, as a life estate holder under a will, did not have ownership rights in the properties as long as her sons occupied them. Therefore, she could not be considered the owner for income tax assessment purposes under section 22 of the Income-tax Act, 1961. The court rejected the revenue's argument, emphasizing the specific terms of the will and the nature of the interest created for the wife. The decision favored the assessee, who was awarded costs. en-us Tue, 18 Dec 1979 00:00:00 +0530 Sat, 13 Mar 2010 14:46:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29515 The court held that the wife, as a life estate holder under a will, did not have ownership rights in the properties as long as her sons occupied them. Therefore, she could not be considered the owner for income tax assessment purposes under section 22 of the Income-tax Act, 1961. The court rejected the revenue's argument, emphasizing the specific terms of the will and the nature of the interest created for the wife. The decision favored the assessee, who was awarded costs. Case-Laws Income Tax Tue, 18 Dec 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29515