https://www.taxtmi.com/caselaws?id=466672 Whether seized cash and valuables constituted benami property was decided by reference to possession, contemporaneous loose papers and recorded statements showing receipt and transfer to a family member; absence of corroborative documentary proof (vouchers, sale receipts, registration) and failure by appellants to satisfactorily disclose lawful source shifted the onus and supported a finding of benami arrangement. Consequently the attachment of the property and its confirmation by the adjudicating authority were held justified and the challenge by the appellants was rejected. en-us Wed, 23 Apr 2025 00:00:00 +0530 Mon, 16 Feb 2026 20:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466672 Whether seized cash and valuables constituted benami property was decided by reference to possession, contemporaneous loose papers and recorded statements showing receipt and transfer to a family member; absence of corroborative documentary proof (vouchers, sale receipts, registration) and failure by appellants to satisfactorily disclose lawful source shifted the onus and supported a finding of benami arrangement. Consequently the attachment of the property and its confirmation by the adjudicating authority were held justified and the challenge by the appellants was rejected. Case-Laws Benami Property Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466672