https://www.taxtmi.com/caselaws?id=446937 The Rajasthan HC dismissed writ petitions challenging provisional attachment orders under Section 24(3) of the PBPT Act. Petitioners argued the Initiating Officer failed to provide materials, personal hearing opportunities, and issued attachment orders before awaiting their response to show cause notices. The court held that the Initiating Officer need not wait for responses before issuing provisional attachment orders, only requiring prior approval from the approving authority, which was obtained. The court found the Officer properly recorded reasons to believe and prima facie opinion regarding benami transactions involving shell company properties funded by another party. The adjudicating authority was deemed the appropriate forum for challenging provisional attachment validity. en-us Tue, 12 Dec 2023 00:00:00 +0530 Thu, 14 Dec 2023 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446937 The Rajasthan HC dismissed writ petitions challenging provisional attachment orders under Section 24(3) of the PBPT Act. Petitioners argued the Initiating Officer failed to provide materials, personal hearing opportunities, and issued attachment orders before awaiting their response to show cause notices. The court held that the Initiating Officer need not wait for responses before issuing provisional attachment orders, only requiring prior approval from the approving authority, which was obtained. The court found the Officer properly recorded reasons to believe and prima facie opinion regarding benami transactions involving shell company properties funded by another party. The adjudicating authority was deemed the appropriate forum for challenging provisional attachment validity. Case-Laws Benami Property Tue, 12 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446937