Premises purchased for benefits of all family members, suit can’t be rejected outrightly u/s 4(3) of unamended Benami Act The plea taken by the appellants that though the suit premises was applied for and allotted in the name of the respondent No.1, but the consideration for acquiring the land and the construction raised thereon was… Read More »
Law Relating to Benami Properties by Taxmann August 2017 (Revised & Reprint) What is Benami Transaction Property purchased in the name of spouse or child – Whether benami property Property purchased by individual in brother’s or sister’s name – Whether and when benami Property purchased by individual in the name of his parents/grand- parents/grand-child – Whether… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 40/2017 New Delhi, the 18th May, 2017 (Income-tax) Authority under the Prohibition of Benami Property Transactions Act, 1988 S.O. 1621(E). – In exercise of the powers conferred under sub-section (2) of section 28 read with section 59 of the Prohibition of Benami Property… Read More »
Income Tax Department Steps-up actions under Benami Transactions (Prohibition) Amendment Act, 2016 The Income-tax Department (ITD) has initiated actions under the new Benami Transactions (Prohibition) Amendment Act, 2016 (the Act) w.e.f. 1st November, 2016. The Prohibition of Benami Property Transactions Rules, 2016 have been framed in this regard. As per the Act, Benami property… Read More »
Law Relating to Benami Properties (April 2017 Edition) Paperback – 2017 by Taxmann (Author) Key contents of Law Relating to Benami Properties What is Benami Transaction Property purchased in the name of spouse or child – Whether benami property Property purchased by individual in brother’s or sister’s name – Whether and when benami Property purchased by individual… Read More »
Benami Transactions (Prohibition) Amended Act, 2016 Though the Benami Transactions (Prohibition) Act, 1988 has been on the statute book since more than 28 years, the same could not be made operational because of certain inherent defects. With a view to providing effective regime for prohibition of benami transactions, the said Act was amended through the… Read More »
Law Publishers New Law Relating to Benami Properties [2017 HB Edition]Hardcover – 2017 Price Rs 750. Click to buy Online Hardcover: 392 pages Publisher: Law Publishers; 2017 edition (2017) Related Books on Benami Property Subject Books Benami Property Law and Practice of Prohibition of Benami Property – 2017 Book – by PAV Law Offices… Read More »
Law Relating to Benami Transactions -by Namrata Shukla Advocate (Author) Contents :–Introduction ; Possession and Adverse possession ; Suit for Recovery ; Prohibition of the right to recover Property held Benami ; Sales of Immovable Property ; Transfer by Ostensible Owner ; The Prohibition of Benami Property Transactions Act, 1988 ; Subject Index Price Rs… Read More »
Law and Practice of the Prohibition of Benami Property Transactions Act, 1988 (As Amended by Act No. 43 of 2016) by PAV Law Offices (Author) The book is a very useful referencer and a guide for a person who may be a property owner, tax payer, tax authority, enforcement officers, professional(s), student(s), research scholar and consumers.… Read More »
Income tax authorities have begun a multi-city crackdown against black money under the new stringent Benami law, having attached 42 properties worth crores of rupees and issued 87 notices over the last couple of days. The I-T department has also sent notices to the famous Bhajiawala from Surat who was recently raided by the tax… Read More »