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

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 tax department started initiating action under this law, implemented by the Modi government, from November 1, 2016.

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

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...

Notices have been sent to about 10,000 depositors under benami law, more people to get similar missives.

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

The proposed GST Legislation appears to deny tax credit in relation to input services for which payments are made after three months of the...

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

A comprehensive bill to have stricter control over benami transactions was introduced in the Lok Sabha today.

The Cabinet approved a proposal to bring Benami Transactions (Prohibition) Bill 2011, replacing Benami Transactions (Prohibition) Act, 1988...

In a bid to deal with the menace of black money, the government is likely to consider the possibility of enacting a new law.

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.

A benami transaction is one in which a property is transferred to one person for a consideration paid or provided by another person.