https://www.taxtmi.com/caselaws?id=789696 Provisional attachment under the Benami Act was sustained where search material, shareholding patterns, property records and financial data cumulatively showed intermediary ownership, unexplained fund flows and control by the Lunia family. Statements recorded during income-tax search proceedings were held usable in Benami Act proceedings because there was no express bar and the statements were corroborated by independent records; the retraction was found belated. Denial of cross-examination did not vitiate the action because the case did not rest solely on third-party statements but on a broader evidentiary matrix. The appeals therefore failed. en-us Wed, 01 Apr 2026 00:00:00 +0530 Mon, 13 Apr 2026 07:52:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789696 Provisional attachment under the Benami Act was sustained where search material, shareholding patterns, property records and financial data cumulatively showed intermediary ownership, unexplained fund flows and control by the Lunia family. Statements recorded during income-tax search proceedings were held usable in Benami Act proceedings because there was no express bar and the statements were corroborated by independent records; the retraction was found belated. Denial of cross-examination did not vitiate the action because the case did not rest solely on third-party statements but on a broader evidentiary matrix. The appeals therefore failed. Case-Laws Benami Property Wed, 01 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789696