The Delhi High Court has held that a person claiming the statutory exception for property purchased in the name of a spouse under the Prohibition of Benami Property Transactions Act, 1988 must establish that the consideration was paid from his known sources of income. Justice Neena Bansal Krishna dismissed an appeal filed by a husband
Property Bought in Wife’s Name Not Exempt From Benami Law Unless Consideration Comes From Husband’s Known Sources: Delhi High Court
