https://www.taxtmi.com/caselaws?id=789317 Cash routed through entities controlled by an alleged benamidar can fall within the Benami Transactions Act where the funds are traced back to the person who provided the consideration. Subsequent re-transfer of the amount does not, by itself, remove the statutory character of the arrangement if the admitted flow of funds shows a benefit to the provider through controlled entities. Payment of income tax on the disclosed amount does not extinguish benami liability, though it may justify limited reduction of the attachable property. Converted forms such as finished goods, stock, or receivables may remain attachable where they are traceable to the original cash infusion. en-us Wed, 25 Mar 2026 00:00:00 +0530 Tue, 07 Apr 2026 07:48:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789317 Cash routed through entities controlled by an alleged benamidar can fall within the Benami Transactions Act where the funds are traced back to the person who provided the consideration. Subsequent re-transfer of the amount does not, by itself, remove the statutory character of the arrangement if the admitted flow of funds shows a benefit to the provider through controlled entities. Payment of income tax on the disclosed amount does not extinguish benami liability, though it may justify limited reduction of the attachable property. Converted forms such as finished goods, stock, or receivables may remain attachable where they are traceable to the original cash infusion. Case-Laws Benami Property Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789317