MOTILAL CHHADAMI LAL JAIN vs. COMMISSIONER OF INCOME TAX , DELHI ETC

In the result of C.A. 1427/-8/75 are allowed and the

1) The assessee is the owner of the properties in question leased out to the company on an annual rent of Rs.21,000. This is income of the family. The Assessee’s agreement with the company that Rs.10,000 out of the rent due to it should be paid directly to the College is only a mode of application