1981 (5) TMI 61

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....ncome from property of Shri Dilipkumar was taxable in the hands of the lady assessee. The facts are that the ITO on the basis of the order in the case of Shri Dilipkumar, the minor son of the assessee lady before us, added back the income from house property purchased by the lady in the name of minor Dilipkumar for all the four years under consideration: "It has been contended by the ld. counse....

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....me interpolation which become evident in view of the addition of the name of Shri Dilipkumar. Moreover, no adequate consideration seems to have followed in the contract, from the side of Shri Dilipkumar, in favour of Smt. Jasodabai, the lady appellant. No other evidence in support of the contention has been furnished by Smt. Jasodabai. According to the provision of section 64 which is to the respe....

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....Heard both the ld. counsel for the assessee Shri I.P. Sachdeva and the ld. D.R. Shri D.U. Gedam. We have considered the respective pleas of both the sides and are of the view that there is some substance in the pleas forth by the ld. counsel for the assessee. In this case, the facts are that the dispute relates to a property situated at 153-Jail Road, Indore, which was purchased by the lady in the....

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....e to prove the benami nature of a property, a perusal of the orders of both the authorities below indicates that there is no finding given by the authorities below as to who is the real owner of the property. Besides the above, the plea of the ld. counsel for the assessee that the lady purchased the property on behalf of her minor son only with a view to help her son in future and no element of tr....