https://www.taxtmi.com/caselaws?id=784979 Validity of provisional attachment under the Prohibition of Benami Property Transactions Act depended on whether the Initiating Officer formed an independent, material-based satisfaction and whether the claimant established ownership of the seized cash. Written reasons, a show-cause notice incorporating those reasons, search material and statements supported the action. The appellant's failure to maintain regular accounts, identify cash owners through reliable records, or substantiate third-party claims beyond incomplete particulars and handwritten chits supported treatment as benamidar and provisional attachment. Income-tax findings were not determinative because they address different statutory questions. The appeal was dismissed. en-us Tue, 02 Dec 2025 00:00:00 +0530 Thu, 15 Jan 2026 08:41:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784979 Validity of provisional attachment under the Prohibition of Benami Property Transactions Act depended on whether the Initiating Officer formed an independent, material-based satisfaction and whether the claimant established ownership of the seized cash. Written reasons, a show-cause notice incorporating those reasons, search material and statements supported the action. The appellant's failure to maintain regular accounts, identify cash owners through reliable records, or substantiate third-party claims beyond incomplete particulars and handwritten chits supported treatment as benamidar and provisional attachment. Income-tax findings were not determinative because they address different statutory questions. The appeal was dismissed. Case-Laws Benami Property Tue, 02 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784979