1971 (9) TMI 2 - SC - Income Tax

Assessee's property vested in Custodian of Evacuee Property in Pakistan, whether the assessee can said to be the owner of such property and income from it could be assessed in his hands - assessee is not the owner, because he cannot exercise any rights in that property except with the consent of the Custodian - held that the assessee was not the owner of Nedous Hotel during the relevant assessment years for the purpose of section 9 of the Act. Hence, these appeals fail and they are dismissed