https://www.taxtmi.com/highlights?id=69366 Benami Transactions - family arrangement - exception in Section 4(3)(a) of the Benami Act - The bar of Benami under Benami Act requires examination of factual aspects including the exceptions to Section 2(9) and 4(3). The question whether a transaction is Benami or not is therefore one of fact requiring evidence. - That being the position, such questions in view of paragraphs 50, 54, 56 of Nusli Neville Wadia vs. Ivory Properties [2019 (10) TMI 1314 - SUPREME COURT] cannot be decided under Section 9A. - HC en-us Sat, 22 Apr 2023 11:07:59 +0530 Sat, 22 Apr 2023 11:07:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69366 Benami Transactions - family arrangement - exception in Section 4(3)(a) of the Benami Act - The bar of Benami under Benami Act requires examination of factual aspects including the exceptions to Section 2(9) and 4(3). The question whether a transaction is Benami or not is therefore one of fact requiring evidence. - That being the position, such questions in view of paragraphs 50, 54, 56 of Nusli Neville Wadia vs. Ivory Properties [2019 (10) TMI 1314 - SUPREME COURT] cannot be decided under Section 9A. - HC Highlights Direct Taxes Sat, 22 Apr 2023 11:07:59 +0530 https://www.taxtmi.com/highlights?id=69366