https://www.taxtmi.com/caselaws?id=786647 A transaction where consideration was paid by one person and title was registered in another falls within the benami definition because the fiduciary exception does not apply where title has passed to the benamidar; accordingly the transaction qualifies as a benami transaction. The Amending Act, 2016 expanded the statutory concept to capture both transfer and continued holding, and therefore applies where the benamidar continued to hold the property on or after 01.11.2016 even if the transfer occurred earlier. Operatively, the transactions meet the amended definition, statutory exceptions are inapplicable, and the provisional attachment is sustained. en-us Tue, 27 Jan 2026 00:00:00 +0530 Tue, 17 Feb 2026 07:29:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786647 A transaction where consideration was paid by one person and title was registered in another falls within the benami definition because the fiduciary exception does not apply where title has passed to the benamidar; accordingly the transaction qualifies as a benami transaction. The Amending Act, 2016 expanded the statutory concept to capture both transfer and continued holding, and therefore applies where the benamidar continued to hold the property on or after 01.11.2016 even if the transfer occurred earlier. Operatively, the transactions meet the amended definition, statutory exceptions are inapplicable, and the provisional attachment is sustained. Case-Laws Benami Property Tue, 27 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786647