Section 61 Where the name of any person appears in any important document showing that –
(1) he is the owner of the property specified in a written document and such property generates an assessable income, or
(2) he derives an assessable income by virtue of such document;
the assessment official shall have the power to assess and charge the whole amount of tax on such income to the person whose name appears in such document. However, if such person transfers the assessable income to another person, he is entitled to deduct the tax amount imposed on the amount of assessable income which is transferred to that other person.