https://www.taxtmi.com/caselaws?id=36104 The High Court held that ownership for tax purposes under section 22 of the Income-tax Act, 1961 does not solely depend on a registered sale deed but also on actual occupation and the ability to earn income from the property. The Court ruled in favor of the revenue, upholding the Income Tax Officer's decision to tax the income from the self-occupied property in question for the assessment years 1968-69 and 1969-70. The Court applied the Supreme Court precedent that ownership encompasses more than just legal title, emphasizing the importance of actual possession and income-earning potential in determining tax liability. en-us Thu, 05 Feb 1981 00:00:00 +0530 Fri, 19 Mar 2010 13:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36104 The High Court held that ownership for tax purposes under section 22 of the Income-tax Act, 1961 does not solely depend on a registered sale deed but also on actual occupation and the ability to earn income from the property. The Court ruled in favor of the revenue, upholding the Income Tax Officer's decision to tax the income from the self-occupied property in question for the assessment years 1968-69 and 1969-70. The Court applied the Supreme Court precedent that ownership encompasses more than just legal title, emphasizing the importance of actual possession and income-earning potential in determining tax liability. Case-Laws Income Tax Thu, 05 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36104