APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI

1. MP-PBPT-3030/KNP/2025(Misc.)

MP-PBPT-2144/KNP/2024 (Stay)

FPA-PBPT-392/KNP/2024 DCIT (BPU), Kanpur … Appellant Versus M/s ACE Infracity Developers Pvt. Ltd. … Respondent

2. MP-PBPT-2146/KNP/2024 (Stay)

FPA-PBPT-393/KNP/2024 DCIT (BPU), Kanpur … Appellant Versus Smt. Tara Mishra, through LRs & Anr. … Respondent Advocates/Authorized Representatives who appeared For the Appellant : Counsel appeared For the Respondents : Counsel appeared CORAM JUSTICE MUNISHWAR NATH BHANDARI : CHAIRMAN SHRI G. C. MISHRA : MEMBER

FINAL ORDER

25.09.2025 FPA-PBPT-392-93/KNP/2024 This order would decide the appeal preferred by DCIT (BPU), Kanpur and the application filed by the respondents.

2. The case has chequered history in view of the fact that after causing a notice under Section 24(1) of the Prohibition of Benami Property Transactions Act, 1988 (in short `the Act of 1988’) and subsequent Provisional Attachment Order followed by a reference, the Provisional Attachment Order was confirmed by the Adjudicating Authority, however, on an appeal preferred by the respondents, the order was set aside by this Tribunal for want of jurisdiction of the Initiating Officer.