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    <title>Assessee liable to equal tax on the income from house property where joint owner’s shares are not mentioned in sale deed</title>
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    <description>Where a registered sale deed records joint ownership but does not specify co-owners&#039; shares, equal ownership is presumed and each joint owner is liable to tax on half of the income from the house property. Documentary silence in the sale deed and inconsistency in the assessee&#039;s explanations supported treatment of the assessee as 50% owner, and the addition representing half the annual value of the property was sustained.</description>
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    <pubDate>Thu, 16 Mar 2023 10:38:29 +0530</pubDate>
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      <title>Assessee liable to equal tax on the income from house property where joint owner’s shares are not mentioned in sale deed</title>
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      <description>Where a registered sale deed records joint ownership but does not specify co-owners&#039; shares, equal ownership is presumed and each joint owner is liable to tax on half of the income from the house property. Documentary silence in the sale deed and inconsistency in the assessee&#039;s explanations supported treatment of the assessee as 50% owner, and the addition representing half the annual value of the property was sustained.</description>
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      <pubDate>Thu, 16 Mar 2023 10:38:29 +0530</pubDate>
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