Maneklal Agarwal vs Deputy Commissioner Of Income Tax*

Whether rental income from property leased to family members at nominal rates, who then sub-let at higher rates, can be assessed in the hands of the property owner under section 23(1) of the Income-tax Act, 1961 --- Held Yes; Whether double taxation occurs when the same income is assessed in the hands of both the property owner and the family members --- Held that the family members can seek redressal in appropriate proceedings.