https://www.taxtmi.com/caselaws?id=451279 The HC dismissed the petition challenging the show cause notice and provisional attachment order issued under the Prohibition of Benami Property Transactions Act, 1988, on the ground that the alleged transaction predated the 2016 amendment. The court held that the adjudicating authority is best suited to determine the benami nature of the property and liability under the Act. The bench declined to interfere, allowing the petitioners to raise all relevant factual and legal grounds before the adjudicating authority under Section 26. The court emphasized the availability of statutory remedies and directed petitioners to rely on relevant judgments before the adjudicating and appellate authorities. The HC found no reason to entertain the petition given the alternative remedies provided under the Act. en-us Wed, 13 Mar 2024 00:00:00 +0530 Mon, 04 Aug 2025 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451279 The HC dismissed the petition challenging the show cause notice and provisional attachment order issued under the Prohibition of Benami Property Transactions Act, 1988, on the ground that the alleged transaction predated the 2016 amendment. The court held that the adjudicating authority is best suited to determine the benami nature of the property and liability under the Act. The bench declined to interfere, allowing the petitioners to raise all relevant factual and legal grounds before the adjudicating authority under Section 26. The court emphasized the availability of statutory remedies and directed petitioners to rely on relevant judgments before the adjudicating and appellate authorities. The HC found no reason to entertain the petition given the alternative remedies provided under the Act. Case-Laws Benami Property Wed, 13 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451279