Jain had filed the petition in 2017 and said that these alleged transactions took place between 2011 to March 2016 and therefore the amendm...

The Supreme Court's ruling on Tuesday that the amended 2016 law prohibiting benami property transactions cannot be applied retrospectively ...

The verdict came on the appeal of the Centre challenging the Calcutta High Court judgement in which it was held that the amendment made in ...

A plethora of transactions like cash transfers, property deals, and share issuances have come under the lens with the invocation of the Ben...

The Income-tax Act, 1961 differentiates between a government employee and non-government employee. However, this should not be the case. Th...

Benami Property can be in any form, i.e., immoveable, movable. Intangible, tangible, corporeal, incorporeal, property in converted form and...

This reward scheme is aimed at encouraging people to give info about benami transactions and properties as well as income earned on such pr...

So far, 176 benami properties and 25 bank accounts were attached till March after the amended Benami Transaction (prohibition) Amendment Ac...

Provisional attachment of properties under the Act has been done in more than 230 cases," Santosh Kumar Gangwar said.

Show cause notices for provisional attachment of benami properties have been issued in 140 cases involving properties of the value of about...

With a view to curb the menace of black money, Parliament in August had passed the Benami Transactions (Prohibition) Act, after assurance f...

The amendments aim to strengthen the Bill in terms of legal and administrative procedure so as to overcome the practical difficulties which...

The bill seeks to amend the definition of benami transactions in the Benami Transactions (Prohibition) Act, 1988, and create an appellate t...

After the measure to bring back black money stashed abroad, government today cleared a bill to deal with benami transactions with confiscat...

Apart from confiscation, the Bill provides for prosecution and aims to act as a major avenue for blocking generation and holding of black m...

Women will be able to acquire assets in name of their husbands without running the risk of the property being declared benami.

The govt can soon acquire & auction benami properties & property deeds must be verified by CAs.