AdvertisementShree Nakoda Gold Vs Initiating Officer (Appellate Tribunal Under SAFEMA Delhi) SAFEMA Tribunal Upholds Benami Attachment in Demonetisation Gold Trade Case; Mere Invoices Cannot Rebut Evidence of Accommodation Entries The Appellate Tribunal under SAFEMA dismissed the appeal filed by M/s Shree Nakoda Gold, upholding the provisional attachment of ₹39.50 lakh under the Prohibition of Benami Property Transactions Act, 1988 (PBPT Act). The case arose from the deposit of demonetised currency into bank accounts controlled by Asit B. Doshi, who admitted in his statement that he received cash through...