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Benami Property: Calcutta High Court Refuses to Quash Notice
Case Law Details
- Case Name
- Aachman Marketing Private Limited & Anr. Vs DCIT (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
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Aachman Marketing Private Limited & Anr. Vs DCIT (Calcutta High Court)
In a significant judgment, the Calcutta High Court has refused to quash a show-cause-notice under Section 24 of the Prohibition of Benami Property Transaction Act, 1988. The case, Aachman Marketing Private Limited & Anr. Vs DCIT, revolved around a notice issued to the petitioners regarding a property transaction. Instead of quashing the notice, the High Court has allowed an extension for the filing of objections and has permitted a re-hearing.
The petitioners challenged the impugned show-cause-notic...
