https://www.taxtmi.com/caselaws?id=35670 Property purchased in the deceased's name was treated as benami where the funds were traced to the accountable person, the money was kept in a joint account, the purchase and later expenses were met from that account, and the deceased had no independent income. The surrounding circumstances showed no intention to make a gift, and the finding was supported by consistent, cogent evidence. Because benami character is a pure question of fact, such a finding is not open to interference unless it is perverse or unsupported by evidence. The house property was therefore not includible in the principal value of the estate, and the issue was decided for the accountable person. en-us Tue, 10 Mar 1981 00:00:00 +0530 Tue, 16 Mar 2010 10:15:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35670 Property purchased in the deceased's name was treated as benami where the funds were traced to the accountable person, the money was kept in a joint account, the purchase and later expenses were met from that account, and the deceased had no independent income. The surrounding circumstances showed no intention to make a gift, and the finding was supported by consistent, cogent evidence. Because benami character is a pure question of fact, such a finding is not open to interference unless it is perverse or unsupported by evidence. The house property was therefore not includible in the principal value of the estate, and the issue was decided for the accountable person. Case-Laws Income Tax Tue, 10 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35670