2002 (8) TMI 867

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..... ribunal) has referred under s. 256(1) of the Income-tax Act, 1961 (for short the Act) the following question, arising out of ITA No. 5180/Del/1984 for the asst. yr. 1980-81, for our opinion. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that the rental income from the house property in question was assessable in the hands of the asses .....

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..... full consideration, he can be treated as owner for the purpose of s. 22 of the Act, even though no registered document as required under s. 54 of the Transfer of Property Act, has been executed in his favour. In view of the said authoritative pronouncement, question referred is answered in the affirmative i.e., in favour of the assessee and against the Revenue. The reference stands dispose .....

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