https://www.taxtmi.com/caselaws?id=7260 The article explains that the Tribunal properly excluded certain additional documents without prejudicing essential findings, and its evidence-based appraisal supported conclusions that (1) the purchase of shares by a named purchaser was not a benami transaction; and (2) dividend income, profit on sale of shares and deletion of a specified sum from the assessee's total income were correctly determined. The legal principle stated is that a benami determination is a factual finding dependent on cumulative evidence and is not open to interference unless wholly unsupported or perverse; limited speculation does not vitiate findings grounded in solid evidence. en-us Thu, 29 Feb 1968 00:00:00 +0530 Mon, 16 Feb 2009 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7260 The article explains that the Tribunal properly excluded certain additional documents without prejudicing essential findings, and its evidence-based appraisal supported conclusions that (1) the purchase of shares by a named purchaser was not a benami transaction; and (2) dividend income, profit on sale of shares and deletion of a specified sum from the assessee's total income were correctly determined. The legal principle stated is that a benami determination is a factual finding dependent on cumulative evidence and is not open to interference unless wholly unsupported or perverse; limited speculation does not vitiate findings grounded in solid evidence. Case-Laws Income Tax Thu, 29 Feb 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7260