https://www.taxtmi.com/highlights?id=45983 Benami transactions - offence under Benami Act - onus of proving a benami transaction - after amendment, the onus of proving a benami transaction rests entirely on the shoulders of the respondents (Benamidar & beneficial owner) - Once both are able to discharge their burden of proof, then the burden of proof would be shifted to the prosecution - since IO has miserably failed to discharge such burden of proof - appeal is dismissed en-us Sat, 20 Apr 2019 09:31:54 +0530 Sat, 20 Apr 2019 09:31:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45983 Benami transactions - offence under Benami Act - onus of proving a benami transaction - after amendment, the onus of proving a benami transaction rests entirely on the shoulders of the respondents (Benamidar & beneficial owner) - Once both are able to discharge their burden of proof, then the burden of proof would be shifted to the prosecution - since IO has miserably failed to discharge such burden of proof - appeal is dismissed Highlights Income Tax Sat, 20 Apr 2019 09:31:54 +0530 https://www.taxtmi.com/highlights?id=45983