Self-proclaimed spiritual leader Ashok Kharat has been remanded to Enforcement Directorate custody until May 26 in connection with an alleg...

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

The Enforcement Directorate has summoned senior IAS officer Basant Garg and PSPCL Director Harsharan Kaur Trehan for questioning. They are ...

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...

While the I-T Act can be used to claim tax on 10-year old undisclosed income, the Black Money (BM) Act empowers the tax department to go af...

The assets linked to Choksi were provisionally attached last year under the BTPA after a probe by the Mumbai IT investigation wing ascertai...

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

The decision was taken at the Union Cabinet chaired by Prime Minister Narendra Modi, said Law Minister Ravi Shankar Prasad at press briefin...

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

Setting aside a trial court order that treated one such property as benami, HC said it was to be proved during trial whether the property w...

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...

"Income Tax Department has attached properties worth more than Rs 3,500 crore, including immovable properties of more than Rs 2,900 crore, ...

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

Apart from the provision declaring benami transactions illegal, the law also provided for the confiscation of property by the government.