https://www.taxtmi.com/caselaws?id=301218 In a disproportionate assets prosecution, ownership of assets standing in the names of a wife and daughter may be treated as benami where surrounding circumstances show that close relatives had no independent source of income and the accused failed to satisfactorily explain the funds. Proof may rest on circumstances, the ordinary course of human conduct, and permissive presumptions of fact rather than direct evidence alone. On the facts, the Court found that substantial assets and deposits were routed through family members and the alleged gifts were not credibly accounted for, so the conviction under the Prevention of Corruption Act was sustained. en-us Tue, 31 Jul 2001 00:00:00 +0530 Thu, 10 Nov 2022 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301218 In a disproportionate assets prosecution, ownership of assets standing in the names of a wife and daughter may be treated as benami where surrounding circumstances show that close relatives had no independent source of income and the accused failed to satisfactorily explain the funds. Proof may rest on circumstances, the ordinary course of human conduct, and permissive presumptions of fact rather than direct evidence alone. On the facts, the Court found that substantial assets and deposits were routed through family members and the alleged gifts were not credibly accounted for, so the conviction under the Prevention of Corruption Act was sustained. Case-Laws Indian Laws Tue, 31 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301218