Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeDirect TaxCash Seized Without Verifiable Source Can Be Treated as Benami Property; Filing...

Cash Seized Without Verifiable Source Can Be Treated as Benami Property; Filing ITR Later Doesn’t Bar Action: SAFEMA Appellate Tribunal

Direct Tax

Published on

By Mariya Paliwala
Cash Seized Without Verifiable Source Can Be Treated as Benami Property; Filing ITR Later Doesn’t Bar Action: SAFEMA Appellate Tribunal

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Appellate Tribunal under the Prohibition of Benami Property Transactions (PBPT) Act has dismissed an appeal challenging attachment of ₹50.13 lakh cash seized by authorities, holding that unaccounted cash with an unexplained source can fall within the ambit of “benami property” under the PBPT Act and that a subsequent willingness to declare the amount in…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Other Laws

Cabinet Secretary Acknowledged Letters From Two Election Commissioners Seeking Action Against Senior ECI Officer: RTI Reply

The Cabinet Secretariat acknowledged letters written by two Election Commissioners seeking action against a...
Other Laws

CAT: WhatsApp ‘OK’ Does Not Prove Leave Approval; Upholds Railway Employee’s Transfer

The Central Administrative Tribunal (CAT), Allahabad Bench, has dismissed an application filed by a...
Supreme Court

Supreme Court Calls for Distinguishing Human Trafficking from Voluntary Sex Work, Emphasises Protection of Victims

The Supreme Court has reiterated the need to distinguish human trafficking and commercial sexual...
GST

GST Officials Under Scanner As ED Widens Areca Nut Smuggling Probe

The Enforcement Directorate (ED) has reportedly expanded its investigation into an alleged cross-border areca...

More like this

Other Laws

Cabinet Secretary Acknowledged Letters From Two Election Commissioners Seeking Action Against Senior ECI Officer: RTI Reply

The Cabinet Secretariat acknowledged letters written by two Election Commissioners seeking action against a...
Other Laws

CAT: WhatsApp ‘OK’ Does Not Prove Leave Approval; Upholds Railway Employee’s Transfer

The Central Administrative Tribunal (CAT), Allahabad Bench, has dismissed an application filed by a...
Supreme Court

Supreme Court Calls for Distinguishing Human Trafficking from Voluntary Sex Work, Emphasises Protection of Victims

The Supreme Court has reiterated the need to distinguish human trafficking and commercial sexual...