https://www.taxtmi.com/caselaws?id=213033 Property purchased in one heir's name may fall outside the benami bar where other heirs contributed to the consideration and the title holder retained the property for convenience within a relationship of trust and confidence. The Court treated the contribution finding as factual, accepted that the purchase money came from a joint account and shared resources, and held that the appellant did not pay the price alone. It further explained that "fiduciary capacity" under the Benami Transactions (Prohibition) Act, 1988 is broad and can cover family or trust-based arrangements. On those facts, the suit was not barred by Section 4. en-us Fri, 27 Apr 2012 00:00:00 +0530 Mon, 10 Feb 2020 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213033 Property purchased in one heir's name may fall outside the benami bar where other heirs contributed to the consideration and the title holder retained the property for convenience within a relationship of trust and confidence. The Court treated the contribution finding as factual, accepted that the purchase money came from a joint account and shared resources, and held that the appellant did not pay the price alone. It further explained that "fiduciary capacity" under the Benami Transactions (Prohibition) Act, 1988 is broad and can cover family or trust-based arrangements. On those facts, the suit was not barred by Section 4. Case-Laws Benami Property Fri, 27 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213033