https://www.taxtmi.com/caselaws?id=25456 The Tribunal's deletion of the wealth-tax addition was upheld because the alleged voluntary disclosures were not shown to have been made by the assessee, and there was no material to prove that the declarants were benamidars of the assessee. Mere relationship between the parties was held to create only suspicion and not proof of a benami arrangement, especially where there was no specific linkage between any declarant and any partner of the assessee-firm. These were treated as findings of fact, and the addition of Rs. 30,000 was sustained as deleted from the assessee's net wealth. en-us Thu, 25 Jun 1987 00:00:00 +0530 Thu, 28 Jan 2010 16:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25456 The Tribunal's deletion of the wealth-tax addition was upheld because the alleged voluntary disclosures were not shown to have been made by the assessee, and there was no material to prove that the declarants were benamidars of the assessee. Mere relationship between the parties was held to create only suspicion and not proof of a benami arrangement, especially where there was no specific linkage between any declarant and any partner of the assessee-firm. These were treated as findings of fact, and the addition of Rs. 30,000 was sustained as deleted from the assessee's net wealth. Case-Laws Wealth-tax Thu, 25 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25456