https://www.taxtmi.com/highlights?id=105841 Unrebutted admissions and bank records linking cash deposits in intermediary companies to same-day transfers can establish benami accommodation entries. Banking-channel receipts and commercial records do not establish genuine sales where material invoice particulars and independent proof of delivery are absent. Natural justice requires a fair opportunity to know, answer and rebut adverse material, but does not confer an automatic right to cross-examine every witness. Income-tax assessment and benami proceedings serve different purposes. The benami enactment overrides the Income-tax Act, and deletion of an income-tax addition does not negate the benami character of a receipt. en-us Thu, 05 Nov 2026 07:44:57 +0530 Thu, 05 Nov 2026 07:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105841 Unrebutted admissions and bank records linking cash deposits in intermediary companies to same-day transfers can establish benami accommodation entries. Banking-channel receipts and commercial records do not establish genuine sales where material invoice particulars and independent proof of delivery are absent. Natural justice requires a fair opportunity to know, answer and rebut adverse material, but does not confer an automatic right to cross-examine every witness. Income-tax assessment and benami proceedings serve different purposes. The benami enactment overrides the Income-tax Act, and deletion of an income-tax addition does not negate the benami character of a receipt. Highlights Benami Property Thu, 05 Nov 2026 07:44:57 +0530 https://www.taxtmi.com/highlights?id=105841