Benami Act Violators
- All
- News
-
Benami Act Violators To Face Double Whammy Of Legal Action
In advertisements issued in leading national dailies today, the Income Tax department stated: "Do not enter into benami transactions" as the Benami Property Transactions Act, 1988, is "now in action" from November 1, 2016.
-
Benami Act Violators To Face Double Whammy Of Legal Action
The tax department today warned that those who undertake Benami transactions would invite Rigorous Imprisonment (RI) of up to 7 years and such violators would also stand to be charged under the normal I-T Act.
-
7-Year Jail For Illegal Cash Deposits, Tax Department Warns Violators
The tax department has decided to slap charges under the newly enforced Benami Transactions Act against violators that carries a penalty, prosecution and rigorous jail term of a maximum seven years.
-
Benami Act Violators To Face Double Whammy Of Legal Action
In advertisements issued in leading national dailies today, the Income Tax department stated: "Do not enter into benami transactions" as the Benami Property Transactions Act, 1988, is "now in action" from November 1, 2016.
-
Benami Act Violators To Face Double Whammy Of Legal Action
The tax department today warned that those who undertake Benami transactions would invite Rigorous Imprisonment (RI) of up to 7 years and such violators would also stand to be charged under the normal I-T Act.
-
7-Year Jail For Illegal Cash Deposits, Tax Department Warns Violators
The tax department has decided to slap charges under the newly enforced Benami Transactions Act against violators that carries a penalty, prosecution and rigorous jail term of a maximum seven years.
