https://www.taxtmi.com/caselaws?id=311364 The ITAT Delhi held that rental income from property should be taxed under "Income from House Property" rather than "Other Sources" when the assessee is the person entitled to receive rental income, regardless of technical ownership defects. The AO and CIT(A) had denied house property treatment due to an unregistered gift deed, but the tribunal followed Delhi HC precedent in Smt. Kamla Sondhi, ruling that for income tax purposes, "owner" means the person entitled to receive income in their own right, not necessarily the legal title holder under property law. 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 The ITAT Delhi held that rental income from property should be taxed under "Income from House Property" rather than "Other Sources" when the assessee is the person entitled to receive rental income, regardless of technical ownership defects. The AO and CIT(A) had denied house property treatment due to an unregistered gift deed, but the tribunal followed Delhi HC precedent in Smt. Kamla Sondhi, ruling that for income tax purposes, "owner" means the person entitled to receive income in their own right, not necessarily the legal title holder under property law. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311364