https://www.taxtmi.com/caselaws?id=286302 The Court upheld the Initiating Officer's orders under The Prohibition of Benami Property Transactions Act, 1988, finding no jurisdictional violation. It emphasized the need for factual adjudication at the Adjudicating Authority level, dismissing legal objections raised by the petitioner. The Court highlighted the provisional nature of the attachment and encouraged active participation in the adjudication process. Additionally, it rejected arguments against the retrospective application of penal provisions, stating the Act's aim to prevent benami transactions. The writ petition was disposed of, with parties directed to comply with formalities for obtaining a certified copy of the order. en-us Mon, 30 Oct 2017 00:00:00 +0530 Thu, 20 Feb 2020 10:19:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286302 The Court upheld the Initiating Officer's orders under The Prohibition of Benami Property Transactions Act, 1988, finding no jurisdictional violation. It emphasized the need for factual adjudication at the Adjudicating Authority level, dismissing legal objections raised by the petitioner. The Court highlighted the provisional nature of the attachment and encouraged active participation in the adjudication process. Additionally, it rejected arguments against the retrospective application of penal provisions, stating the Act's aim to prevent benami transactions. The writ petition was disposed of, with parties directed to comply with formalities for obtaining a certified copy of the order. Case-Laws Benami Property Mon, 30 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286302