https://www.taxtmi.com/caselaws?id=442578 The court upheld the sanction for prosecution under Section 55 of the Prohibition of Benami Property Transaction Act, 1988. It found the petitioner's conflicting statements about the ownership of the cash and inconsistencies in explaining the existence of the employer Sultan Foumi. The court deemed it premature to interfere with the sanction, stating that the contradictory statements would be addressed during the prosecution. The writ petition was dismissed, with no costs awarded, and the miscellaneous petition was closed. en-us Fri, 11 Aug 2023 00:00:00 +0530 Tue, 05 Sep 2023 08:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442578 The court upheld the sanction for prosecution under Section 55 of the Prohibition of Benami Property Transaction Act, 1988. It found the petitioner's conflicting statements about the ownership of the cash and inconsistencies in explaining the existence of the employer Sultan Foumi. The court deemed it premature to interfere with the sanction, stating that the contradictory statements would be addressed during the prosecution. The writ petition was dismissed, with no costs awarded, and the miscellaneous petition was closed. Case-Laws Benami Property Fri, 11 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442578