https://www.taxtmi.com/caselaws?id=311364 Rental income from a flat was held assessable as income from house property because, for section 22 purposes, ownership is understood in a practical and beneficial sense rather than by strict legal title. The decisive test was whether the assessee was entitled to receive the income in her own right; receipt of rent by the assessee was sufficient, and the absence of a registered sale deed or gift deed did not justify taxing the rent as income from other sources. Property-transfer and registration requirements under the Transfer of Property Act and Registration Act did not alter the income-tax position. As the rent was taxable under the house-property head, the related statutory deductions could not be denied. en-us Fri, 22 May 2015 00:00:00 +0530 Thu, 21 Dec 2023 21:01:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311364 Rental income from a flat was held assessable as income from house property because, for section 22 purposes, ownership is understood in a practical and beneficial sense rather than by strict legal title. The decisive test was whether the assessee was entitled to receive the income in her own right; receipt of rent by the assessee was sufficient, and the absence of a registered sale deed or gift deed did not justify taxing the rent as income from other sources. Property-transfer and registration requirements under the Transfer of Property Act and Registration Act did not alter the income-tax position. As the rent was taxable under the house-property head, the related statutory deductions could not be denied. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311364