https://www.taxtmi.com/caselaws?id=796565 Provisional attachment under the Prohibition of Benami Property Transactions Act requires the Initiating Officer to form an opinion, supported by facts, that the person in possession may alienate the property during the notice period. Cash and gold already seized and attached by the Income Tax Department remained outside the appellants' control, and no factual basis showed a risk of alienation. A possible future tax adjustment or release did not satisfy this statutory condition; fresh attachment action could be taken if qualifying circumstances arose after release. The article states that the provisional attachment and its confirmation were unsustainable. en-us Mon, 19 Jan 2026 00:00:00 +0530 Fri, 07 Aug 2026 09:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796565 Provisional attachment under the Prohibition of Benami Property Transactions Act requires the Initiating Officer to form an opinion, supported by facts, that the person in possession may alienate the property during the notice period. Cash and gold already seized and attached by the Income Tax Department remained outside the appellants' control, and no factual basis showed a risk of alienation. A possible future tax adjustment or release did not satisfy this statutory condition; fresh attachment action could be taken if qualifying circumstances arose after release. The article states that the provisional attachment and its confirmation were unsustainable. Case-Laws Benami Property Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796565