APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI

1. MP-PBPT-1018/CHN/2020 (Stay)

FPA-PBPT-1124/CHN/2020 The Initiating Officer DCIT, (BPU), Chennai … Appellant Versus Smt. Sivashankari & Anr. … Respondents

2. MP-PBPT-778/CHN/2019 (Stay)

FPA-PBPT-910/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri Venkataraman Rangaswamy & Anr. …Respondents

3. MP-PBPT-779/CHN/2019 (Stay)

FPA-PBPT-911/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus M/s. Aditya Enterprises & Anr. …Respondents

4. MP-PBPT-780/CHN/2019 (Stay)

FPA-PBPT-912/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri B. Gopu & Anr. …Respondents

5. MP-PBPT-781/CHN/2019 (Stay)

FPA-PBPT-913/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri Bhoominathan Subramaniam & Anr. …Respondents

6. MP-PBPT-782/CHN/2019 (Stay)

FPA-PBPT-914/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri D. Arumugam & Anr. …Respondents

7. MP-PBPT-783/CHN/2019 (Stay)

FPA-PBPT-915/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Smt. D. Rukmini & Anr. …Respondents

8. MP-PBPT-784/CHN/2019 (Stay)

FPA-PBPT-916/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Smt. Jagtha & Anr. …Respondents

9. MP-PBPT-785/CHN/2019 (Stay)

FPA-PBPT-917/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri Jose George Sebastian & Anr. …Respondents

10. MP-PBPT-786/CHN/2019 (Stay)

FPA-PBPT-918/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri K.N. Naveen Kumar & Anr. …Respondents

11. MP-PBPT-787/CHN/2019 (Stay)

FPA-PBPT-919/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri Mohd. Ahmed Rasool & Anr. …Respondents

12. MP-PBPT-788/CHN/2019 (Stay)

FPA-PBPT-920/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri N.J. Abraham & Anr. …Respondents

13. MP-PBPT-789/CHN/2019 (Stay)

FPA-PBPT-921/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri N. Ravichandaran & Anr. …Respondents

14. MP-PBPT-790/CHN/2019 (Stay)

FPA-PBPT-922/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Smt. P. Radha & Anr. …Respondents

15. MP-PBPT-791/CHN/2019 (Stay)

FPA-PBPT-923/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri R. Deepak Kumar & Anr. … Respondents

16. MP-PBPT-792/CHN/2019 (Stay)

FPA-PBPT-924/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri T.L. Ramarajan & Anr. …Respondents

17. MP-PBPT-793/CHN/2019 (Stay)

FPA-PBPT-925/CHN/2019 The Initiating Officer DCIT, BPU, Chennai … Appellant Versus Shri T. Thiyagaiya & Anr. … Respondents Advocates/Authorized Representatives who appeared For the Appellants : Mr. Anish Dhingra, S.P.P.

For the Respondents : Mr. A.K Tewary, IRS (Retd.)

Mr. A. Krishnamorrthy, FCA CORAM JUSTICE MUNISHWAR NATH BHANDARI : CHAIRMAN SHRI BALESH KUMAR : MEMBER

FINAL ORDER

13.08.2024 The batch of appeals have been preferred by the Deputy Commissioner of Income Tax (Benami Prohibition Unit) to challenge the order dated 20.06.2019 passed by the Adjudicating Authority under section 26 (3) of Prohibition of Benami Pr operty Transactions Act, 1988 (in short ‘the Act of 1988’)

2. By the impugned order, the Adjudicating Authority has refused to confirm the provisional attachment order dated 22.11.2018 passed under section 24 (4) (a) (i) of the Act of

1988.

3. The attachment of property was made after registration of the case on an information received from DD, IT, Chennai regarding suspect benami transaction of M/s SPK Group of Companies and Firms. It was on a search under section 132 of the Income Tax Act, 1961 conducted at the Company and its firms on 16.07.2018.

4. It was found that M/s SPK & Company, a partnership firm is a flagship entity of SPK Group. It is mainly involved in the execution of civil contract of road construction in State of Tamil Nadu. The partnership firm was having many partners which includes the main partner being Sh. Nagarajan