https://www.taxtmi.com/caselaws?id=38764 The court held that Thobhandas J. Gajjar, not Popatlal Panachand Shah, was taxable for the income from the "P" group contract. The Income-tax Officer had jurisdiction to determine the real owner of the income, despite the civil court's judgment. Evidence showed that the income ultimately reached Popatlal, making him the real owner. However, as the contract was not legally assigned to Vasant & Company, Thobhandas was held liable for the tax on the income received. The court ruled in favor of Thobhandas, finding the Tribunal erred in holding Popatlal liable. en-us Wed, 12 Nov 1975 00:00:00 +0530 Thu, 08 Apr 2010 18:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38764 The court held that Thobhandas J. Gajjar, not Popatlal Panachand Shah, was taxable for the income from the "P" group contract. The Income-tax Officer had jurisdiction to determine the real owner of the income, despite the civil court's judgment. Evidence showed that the income ultimately reached Popatlal, making him the real owner. However, as the contract was not legally assigned to Vasant & Company, Thobhandas was held liable for the tax on the income received. The court ruled in favor of Thobhandas, finding the Tribunal erred in holding Popatlal liable. Case-Laws Income Tax Wed, 12 Nov 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38764