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

The Supreme Court overturned its 2022 decision declaring two provisions of the benami property law unconstitutional. The court agreed with ...

Even if a benami transaction had happened long before November 2016, when the new, amended statute came into force, the parties would face ...

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

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

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

The central government has notified Sessions courts in 34 states and UTs which will act as special courts for offences under the benami tra...

In case of National Capital Territory of Delhi, Courts of Additional Sessions Judge 02 in each district have been designated as special cou...

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...

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

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

The tax department attached benami assets worth Rs 1,833 crore across the country, issued 517 notices and made 541 attachments, in last one...

The amendment allows the government to confiscate properties or assets held in another person’s name or fictitious names to evade tax and h...

The new law provides for authorities to conduct inquiries on any benami transactions and provides imprisonment up to seven years.

Yesterday, the Cabinet approved the new Benami Transaction (Prohibition) Bill which aims at curbing the generation of domestic black money.

The union cabinet is expected to approve amendments to benami property law to demonstrate its seriousness in fighting the menace 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.