Disclosure of Income and Payment of Income Tax Do Not Bar Proceedings under the Benami Transactions Act: Kerala High Court

The High Court of Kerala dealt with a writ petition filed under Article 226 of the Constitution of India challenging notices issued under Section 24(1) of the Prohibition of Benami Property Transaction Act, 1988. The petitioners raised objections against notices Exts.P10 and P11, which were issued to them in connection with alleged benami transactions. The petitioners sought judicial review, claiming that the notices were unjustified and requested that their objections…