S. 54F – Property jointly owned not to be added in calculating Houses owned by Assessee

HIGH COURT OF MADRAS Dr. (Smt.) P.K. Vasanthi Rangarajan V/s. Commissioner of Income-tax MRS. CHITRA VENKATARAMAN AND K. RAVICHANDRA BAABU, JJ. TAX CASE APPEAL NO. 1435 OF 2005 JULY 6, 2012 JUDGMENT Mrs. Chitra Venkataraman, J. The assessee is on appeal as against the order of the Income Tax Appellate Tribunal, raising the following substantial questions of law, relating to the assessment year 2000-01: (i)  Whether on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal is right in law in holding that handing over of possession of the property und...