https://www.taxtmi.com/caselaws?id=783953 The dominant issue was whether the impugned acquisition constituted a benami transaction under s.2(9)(A) of the 1988 Act. The AT held that documentary evidence, including sale deeds indicating the relationship/arrangement between the ostensible holder and the beneficial owner, and bank statements showing the appellant's direct payment of consideration, established benami ownership; the challenge on merits was rejected and the appeal was dismissed. On denial of cross-examination, the AT held that cross-examination is not an inbuilt right and, given reliance on multiple witnesses plus contemporaneous documents and repeated opportunities afforded, no prejudice was shown; the objection failed. On attachment, the AT held s.26(5) permitted attachment of other property and non-issuance of a further show-cause notice did not vitiate attachment; attachment of sale proceeds in the recipient's hands was upheld and the connected appeal was dismissed. en-us Wed, 10 Dec 2025 00:00:00 +0530 Fri, 26 Dec 2025 07:18:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783953 The dominant issue was whether the impugned acquisition constituted a benami transaction under s.2(9)(A) of the 1988 Act. The AT held that documentary evidence, including sale deeds indicating the relationship/arrangement between the ostensible holder and the beneficial owner, and bank statements showing the appellant's direct payment of consideration, established benami ownership; the challenge on merits was rejected and the appeal was dismissed. On denial of cross-examination, the AT held that cross-examination is not an inbuilt right and, given reliance on multiple witnesses plus contemporaneous documents and repeated opportunities afforded, no prejudice was shown; the objection failed. On attachment, the AT held s.26(5) permitted attachment of other property and non-issuance of a further show-cause notice did not vitiate attachment; attachment of sale proceeds in the recipient's hands was upheld and the connected appeal was dismissed. Case-Laws Benami Property Wed, 10 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783953