Back
APPELLATE TRIBUNAL FOR FORFEITED PROPERTY
Balesh Kumar, Member, Rajesh Malhotra, Member
Sandeep Miglani – Appellant
Versus
Initiating Officer, ACIT Benami Prohibition Unit, Kanpur – Respondent
| Table of Content |
|---|
| 1. demonetized cash routed through third-party account initiates benami probe. (Para 1 , 2) |
| 2. conversion of demonetized notes not benami but sham transaction. (Para 3) |
| 3. department controverts appellant's benami defenses. (Para 4) |
| 4. cash is property and consideration; deposit-transfer back is benami. (Para 5 , 6) |
| 5. attachment reduced to untaxed balance post-pmgky declaration. (Para 7 , 8) |
APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI FPA-PBPT-151/KNP/2018 Sh. Sandeep Miglani … Appellant Versus The Initiating Officer, ACIT Benami Prohibition Unit, Kanpur … Respondent Advocates/Authorized Representatives who Argued For the Appellant: S/Sh. Ashwani Kr. Uppal, Ankit Sharma, Amir Kr. Uppal, & Ms. Akshita, Advocates, For the Respondent: Mr. Manmeet Singh Arora, SPP CORAM SHRI BALESH KUMAR : MEMBER SHRI RAJESH MALHOTRA : MEMBER
FINAL ORDER
30.04.2026 Dictated by: Rajesh Malhotra The present appeal u/s 46 (2) of the Prohibition of Benami Property Transactions Act, 1988, is filed by the appellant against the order u/s 26(3) dated 27.07.2018 passed by the Adjudicating Authority in Reference No. R-91/2017, whereby account of the appellant in Axis Bank, Karkardooma, Delhi,-92 vide
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
