https://www.taxtmi.com/caselaws?id=29613 A transfer of a plot on which a building already stands ordinarily carries the transferor's interest in the superstructure as well as the land, because s. 8 of the Transfer of Property Act passes all transferable interests and their legal incidents, and buildings are treated as immovable property attached to the earth. On the deed read as a whole, no express or necessarily implied reservation of the house was found, and surrounding circumstances were insufficient to displace the statutory rule. The gift therefore covered both the land and the building, with the post-gift income from the property assessable in the donee's hands. en-us Wed, 05 Aug 1981 00:00:00 +0530 Mon, 15 Mar 2010 11:13:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29613 A transfer of a plot on which a building already stands ordinarily carries the transferor's interest in the superstructure as well as the land, because s. 8 of the Transfer of Property Act passes all transferable interests and their legal incidents, and buildings are treated as immovable property attached to the earth. On the deed read as a whole, no express or necessarily implied reservation of the house was found, and surrounding circumstances were insufficient to displace the statutory rule. The gift therefore covered both the land and the building, with the post-gift income from the property assessable in the donee's hands. Case-Laws Income Tax Wed, 05 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29613