https://www.taxtmi.com/caselaws?id=35858 Rental income must be classified by its true nature under the appropriate head of income, and the heads are mutually exclusive. Because the receipt was income from property, it could be taxed only under the property head; failure to satisfy the ownership condition for assessment under that head did not permit reclassification as income from other sources. The Court noted that such an approach would risk double taxation of the same property income in the hands of both owner and recipient, for which the Acts provided no express basis. On that reasoning, rent received by a non-owner was not chargeable in her hands as income from other sources under either the 1922 Act or the 1961 Act. en-us Wed, 10 Dec 1980 00:00:00 +0530 Wed, 17 Mar 2010 12:16:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35858 Rental income must be classified by its true nature under the appropriate head of income, and the heads are mutually exclusive. Because the receipt was income from property, it could be taxed only under the property head; failure to satisfy the ownership condition for assessment under that head did not permit reclassification as income from other sources. The Court noted that such an approach would risk double taxation of the same property income in the hands of both owner and recipient, for which the Acts provided no express basis. On that reasoning, rent received by a non-owner was not chargeable in her hands as income from other sources under either the 1922 Act or the 1961 Act. Case-Laws Income Tax Wed, 10 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35858