Appellant Fails to Prove Legitimate Funds for Property Purchase, Benami Declaration Upheld Under Relevant Law

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....The AT upheld the Adjudicating Authority's finding that the appellant failed to establish legitimate sources of funds for acquiring the property, which was alleged to be benami. Despite the appellant's claim of income from sale of paddy and disclosed receipts, the financial records demonstrated insufficient funds to justify the purchase price. The appellant also failed to prove the alleged agricultural income. Evidence indicated the property was purchased to shield a third party from loan recovery proceedings, with the appellant acting as a nominee. The tribunal found the initial burden of proof sufficiently discharged by the respondents, and the appellant's efforts to demonstrate lawful source of funds were unpersuasive. Consequently, the impugned order declaring the property as benami was affirmed, and no interference was warranted.....