1969 (9) TMI 13 - HC - Income Tax

Whether any registered deed of transfer is necessary for blending the separate immovable properties of a coparcener with the coparcenary properties - question is answered in the negative, and in favour of the assessee

Summary

The High Court of Allahabad ruled in favor of the assessee in a case involving the blending of separate and coparcenary properties. The court held that no registered deed is required for such blending, and the property cannot be treated as the coparcener's separate property after merger. The court answered both questions in favor of the assessee and ordered the Commissioner of Income-tax, U.P. to pay costs.