https://www.taxtmi.com/caselaws?id=753108 Interim relief against benami-law show cause notices and provisional attachment was declined because the record disclosed some material supporting the statutory belief, including allegations of minimal business activity, fund routing through related entities, and missing sale deeds. The Court found it inappropriate at the interim stage to hold that the Initiating Officer had no relevant basis or that the notices were wholly untenable. The proceedings were allowed to continue, but the downstream adjudicating authority was restrained from passing final orders until disposal of the writ petitions, with liberty preserved to issue fresh notices in accordance with law after supplying relied-upon material. en-us Wed, 22 May 2024 00:00:00 +0530 Thu, 23 May 2024 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753108 Interim relief against benami-law show cause notices and provisional attachment was declined because the record disclosed some material supporting the statutory belief, including allegations of minimal business activity, fund routing through related entities, and missing sale deeds. The Court found it inappropriate at the interim stage to hold that the Initiating Officer had no relevant basis or that the notices were wholly untenable. The proceedings were allowed to continue, but the downstream adjudicating authority was restrained from passing final orders until disposal of the writ petitions, with liberty preserved to issue fresh notices in accordance with law after supplying relied-upon material. Case-Laws Benami Property Wed, 22 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753108