Where family arrangements are involved, they must comply with legal conditions, including joint ownership where required. Informal arrangem...

The Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...

The Enforcement Directorate conducted searches at eleven locations in Punjab. These searches are linked to former Punjab DIG Harcharan Sing...

The Adjudicating Authority confirmed a land assets attachment order issued by the Income Tax department in 2023. The order involved land pa...

The petition was filed by the Central Board of Direct Taxes (CBDT) that frames policy for the tax department under the department of revenu...

The ED filed a criminal case under various sections of the PMLA early this year against the Unitech group and its promoters over allegation...

After he was questioned on the first day on Monday, the 52-year-old had said the aim of the tax department's action was to "digress" from t...

Vinodanand Jha, an Indian Revenue Service (Income Tax) officer of the 1983 batch, has been appointed as the Member of the authority from th...

More than 780 benami asset attachments worth crores of rupees run the risk of being invalidated in the absence of an authority.

There is real worry that these high-value cases may get "time-barred" or invalidated as benami attachment orders have to be confirmed withi...

Crackdown on benami assets will have the high visibility of note ban without any impact on common man. It can be more helpful to Modi in po...

Action against illicit asset holders is set to intensify under the provisions of the anti-Benami Act. The taxman has already attached 621 p...

The process adopted by an individual or company to bring unaccounted money back to their business without paying any tax on the same is ter...

The department has said these alleged benami assets bear a "deed" value of about Rs 9.32 crore but the taxman has estimated their current m...

While the total cost of the attached 'benami' assets has been valued at over Rs 223 crore, the department has said the "market value" of th...

Benami property "may be attached and confiscated by the government" and these actions are in "addition to actions under other laws such as ...

Violations of the Act, made operational from November 1 last year, attract a heavy penalty and rigorous jail term up to seven years.