Aloke Mitra vs Controller Of Estate Duty on 20 May, 1971
In Mollaya Padayachi v. Krishnaswami Aiyar, A.I.R 1925 Mad 95 and Parvathi Ammal v M.R. Sivarama Iyer, A.I.R. 1927 Mad. 90, it was emphasised that the English law of presumption of the wife's advancement does not exist in the Indian law, but, on the contrary, the presumption here is that where a document is taken in the name of a man and his wife, the former providing the money, the transaction is, so far as the wife is concerned, benami for the husband. The mere fact, therefore, that money was deposited in the name of the wife does not justify a presumption that she was the beneficial owner of the money. When a person purchases a property in the name of his son or wife or near relation, there is always, in India, a resulting trust in his favour, and the presumption is that he is the real owner thereof, and it will not be presumed that the son or wife or any other person, in regard to whom he occupies the position of toco parentis, was intended to be benefited by the said purchase.