https://www.taxtmi.com/news?id=31936 Adjudicating Authority confirmed an Income Tax provisional attachment under the Prohibition of Benami Property Transactions framework, declaring the Dalibagh immovable asset benami. It identified Tanveer Sahar as the benamidar and Afshan Ansari and Ganesh Dutt Mishra as interested parties. The Authority found the transactions benami on four grounds: absence of genuine financial consideration, lack of financial capacity of named owners, control of the property by Atif Raza on behalf of the beneficiary, and a pattern of ownership transfers to obscure the true beneficiary, supported by inquiries, official records and bank documents. en-us Thu, 30 Jan 2025 11:46:03 +0530 Thu, 30 Jan 2025 11:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31936 Adjudicating Authority confirmed an Income Tax provisional attachment under the Prohibition of Benami Property Transactions framework, declaring the Dalibagh immovable asset benami. It identified Tanveer Sahar as the benamidar and Afshan Ansari and Ganesh Dutt Mishra as interested parties. The Authority found the transactions benami on four grounds: absence of genuine financial consideration, lack of financial capacity of named owners, control of the property by Atif Raza on behalf of the beneficiary, and a pattern of ownership transfers to obscure the true beneficiary, supported by inquiries, official records and bank documents. News - Thu, 30 Jan 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=31936