https://www.taxtmi.com/caselaws?id=57697 The Tribunal ruled in favor of the assessee, determining the property as ancestral family property and not belonging to the individual assessee. It rejected the gift presumption and dismissed the benami holding argument, leading to the exclusion of the property's income from the individual's assessment for the relevant year. en-us Wed, 09 Apr 1980 00:00:00 +0530 Mon, 13 Dec 2010 10:30:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57697 The Tribunal ruled in favor of the assessee, determining the property as ancestral family property and not belonging to the individual assessee. It rejected the gift presumption and dismissed the benami holding argument, leading to the exclusion of the property's income from the individual's assessment for the relevant year. Case-Laws Income Tax Wed, 09 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57697