https://www.taxtmi.com/caselaws?id=36563 The court held that a mere book entry, supported by the individual's clear intention, was sufficient to convert separate property into joint family property for tax purposes. The judgment emphasized the importance of intention over formalities in establishing such conversions. The decision clarified the doctrine of "throwing into the common stock," setting a precedent for future cases involving property conversions for tax assessments. The outcome favored the assessee, who was awarded costs. en-us Thu, 17 Apr 1980 00:00:00 +0530 Tue, 23 Mar 2010 11:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36563 The court held that a mere book entry, supported by the individual's clear intention, was sufficient to convert separate property into joint family property for tax purposes. The judgment emphasized the importance of intention over formalities in establishing such conversions. The decision clarified the doctrine of "throwing into the common stock," setting a precedent for future cases involving property conversions for tax assessments. The outcome favored the assessee, who was awarded costs. Case-Laws Income Tax Thu, 17 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36563