Benami Transaction Upheld Due to Direct Payment and Future Benefit

Smt. Priti Agarwal Vs Initiating Officer (Appellate Tribunal Under SAFEMA Delhi) Benami Transaction Proved by Direct Payment & Future Benefit: SAFEMA Tribunal Upholds Attachment The Appellate Tribunal under SAFEMA, New Delhi in Smt. Priti Agarwal & Shri Sameer Agarwal vs. Initiating Officer, BPU, Kanpur (FPA-PBPT-01 & 02/KNP/2024, final order dated 10-12-2025) upheld the provisional attachment orders under the Prohibition of Benami Property Transactions Act, 1988, holding that the essential ingredients of a benami transaction u/s 2(9)(A) stood fully established. In the case of Smt....