Searched for
BENAMI TRANSACTION
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...- Money laundering case: Court sends 'godman' Ashok Kharat in judicial custodySelf-styled godman Ashok Kharat has been sent to 14-day judicial custody. He faces money laundering charges involving over Rs 47 crore. The...
- Informal ‘benami’ investments may now face confiscation; Supreme Court ruling puts family property deals under scannerWhere family arrangements are involved, they must comply with legal conditions, including joint ownership where required. Informal arrangem...
- SC order turns up tax heat on old benami transactionsThe Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...
- Appellate Tribunal rules employees can hold cash for employers without it being 'benami transaction'The appellate tribunal has ruled that employees holding cash in a fiduciary capacity for their employers are not engaged in benami transact...
- Insurance agents got extra Rs 25,000 crore via benami companies: I-T DeptNotices under Benami Transactions (Prohibition) Amendment Act, 2016, have been sent to insurance agents. They have\ been told to share info...
- New ruling on Benami law may unearth old dealsEven if a benami transaction had happened long before November 2016, when the new, amended statute came into force, the parties would face ...
- SC ruling on retro effect of Benami Law keenly awaitedA plethora of transactions like cash transfers, property deals, and share issuances have come under the lens with the invocation of the Ben...
- Centre notifies special courts for benami transaction casesThe central government has notified Sessions courts in 34 states and UTs which will act as special courts for offences under the benami tra...
- Centre notifies special courts for benami transaction casesIn case of National Capital Territory of Delhi, Courts of Additional Sessions Judge 02 in each district have been designated as special cou...
- Income tax department warns people to keep away from benami transactionsThe tax department attached benami assets worth Rs 1,833 crore across the country, issued 517 notices and made 541 attachments, in last one...
- With benami holdings on government’s radar, anxious queries on new rulesThe amendment allows the government to confiscate properties or assets held in another person’s name or fictitious names to evade tax and h...
- Rigorous imprisonment of up to 7 years for benami transactionsThe Benami Transactions (Prohibition) Amendment Bill, 2015 was introduced in Lok Sabha on May 13, last year by Finance Minister Arun Jaitle...
- Realty players hail Bill to curb benami transactionsYesterday, the Cabinet approved the new Benami Transaction (Prohibition) Bill which aims at curbing the generation of domestic black money.
- Cabinet okays law on benami transactions to curb black moneyAfter the measure to bring back black money stashed abroad, government today cleared a bill to deal with benami transactions with confiscat...
- Benami transactions bill introduced in ParliamentThe new bill, introduced by finance minister Pranab Mukherjee, will replace the existing Benami Transactions (Prohibition) Act, 1988.
- Bill for stricter control over benami transactionsA comprehensive bill to have stricter control over benami transactions was introduced in the Lok Sabha today.
- New Benami law to allow property in spouse, siblings' nameThe Cabinet approved a proposal to bring Benami Transactions (Prohibition) Bill 2011, replacing Benami Transactions (Prohibition) Act, 1988...
- Black money: Cabinet approved new act to deal with benami transactionsThe government today approved a proposal to bring a new legislation for stricter control over benami transactions.
- A Property in husband's name would be Benami no moreWomen will be able to acquire assets in name of their husbands without running the risk of the property being declared benami.
Load More
