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Case Law Details

Case Name : Ashok G. Chauhan Vs ACIT (ITAT Mumbai)
Related Assessment Year : 2010-11
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Ashok G. Chauhan Vs Asst. CIT (ITAT Mumbai)

In the present case, admittedly the flat at Goa was not fully and wholly owned by the assessee as the same was initially owned co-jointly in the name of assessee and his wife. Admittedly, it is nobody’s case that wife was benami of the assessee. Therefore, the said house was jointly owned by assessee and his wife. However, by virtue of gift deed dated 15.04.04, which is at page no. 37 to 60 of the paper book, the share of the assessee ha

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