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Direct Taxes - Highlights / Catch Notes

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Benami Property Transaction - title over the suit properties - ...


Husband's Property in Wife's Name Not Benami Under Exception 3, Clause A, Section 2(9) of Benami Act 1988.

June 7, 2022

Case Laws     Direct Taxes     HC

Benami Property Transaction - title over the suit properties - Moreover purchase of a property by husband in the name of the wife cannot be called a benami transaction and such type of transaction falls within the exception no. 3 to clause 'A' of sub-section 9 of section 2 of the Prohibition of Benami Property Transactions Act, 1988. In this view the respondent has made out a prima facie case that he has got the right to seek declaration of his title over the suit properties. - HC

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