https://www.taxtmi.com/caselaws?id=311719 The HC declared Sections 3(1) and 5 of the Prohibition of Benami Property Transactions Act, 1988 unconstitutional due to their overly broad and arbitrary nature, violating substantive due process. Consequently, notices issued under Section 24(1) were invalidated, and related proceedings were quashed. The Court emphasized the necessity for clarity and safeguards in the Act's provisions, resulting in the disposal of the writ petitions in favor of the petitioners. en-us Wed, 30 Nov 2022 00:00:00 +0530 Wed, 10 Jan 2024 09:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311719 The HC declared Sections 3(1) and 5 of the Prohibition of Benami Property Transactions Act, 1988 unconstitutional due to their overly broad and arbitrary nature, violating substantive due process. Consequently, notices issued under Section 24(1) were invalidated, and related proceedings were quashed. The Court emphasized the necessity for clarity and safeguards in the Act's provisions, resulting in the disposal of the writ petitions in favor of the petitioners. Case-Laws Benami Property Wed, 30 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311719