Benami Transactions Act
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Centre Moves Supreme Court For Open Court Hearing Of Benami Act Review
The Supreme Court on Tuesday agreed to consider the Centre's submissions for an open court hearing of its plea seeking review of the judgement by which several provisions of the Benami Transactions (Prohibition) Amendment Act, 2016 were struck down.
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Centre Seeks Open Court Hearing On Request For Benami Law Verdict Review
The Centre on Tuesday sought from the Supreme Court an open court hearing on its plea seeking review of the judgement by which several provisions of the Benami Transactions (Prohibition) Amendment Act, 2016 were struck down.
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Delhi Court Ends Money Laundering Case Proceedings Against Satyendar Jain
The Delhi High Court on Monday granted relief by allowing Delhi minister Satyendar Jain's plea challenging proceedings against him under the Benami Transaction (Prohibition) Amendment Act 2016.
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Ex-AIADMK Leader VK Sasikala's Assets Worth 1,600 Crores Attached
The Income Tax department on Tuesday attached properties worth Rs 1,600 crores belonging to former AIADMK leader VK Sasikala under the provisions of the Benami Transactions (Prohibition) Act, IT sources said.
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Tax Officials Attach Rs 400 Crore Plot Belonging To Mayawati's Brother
The Income-Tax Department has attached a "benami" plot worth Rs 400 crore in Noida belonging to BSP chief Mayawati's brother and his wife, an official order said.
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Benami Attachments Worth Crores May Fall Flat As No Authority For 1.5 Years
Over 780 benami asset attachments worth crores of rupees run the risk of being invalidated in the near future as the government has failed to create a designated adjudicating authority for over a year-and-a-half since the stringent law was enforced to deal with black money and corruption.
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Benami Property: Taxman Attaches Properties Worth Rs 3,500 Crore
The Prohibition of Benami Property Transactions Act provides for provisional attachment and subsequent confiscation of Benami properties, whether movable or immovable.
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Keep Away From Benami Transactions, Warns Income Tax Department
The department started initiating action under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016.
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Allegedly Benami Properties Owned By Lalu Yadav's Daughter Seized
The Income Tax Department has provisionally attached a plot of land and a house in connection with its probe in the Rs 1,000-crore benami land deals and tax evasion case allegedly involving family members of Bihar politician Lalu Yadav.
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Questions On GST, Modi Government Schemes In Civil Services Exam
Questions on Goods and Services Tax (GST), benami transactions and schemes run by the central government were asked in the civil services preliminary examination held on 18 June 2017.
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People With Black Money Fear Modi Government: Amit Shah
BJP President Amit Shah today said people with black money "fear" the Modi government, which has unearthed and undisclosed assets worth over Rs 1.37 lakh crore.
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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.
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Income Tax Department Begins Action Under Benami Act; Issues 87 Notices
Initiating a stringent action against black money holders post notes ban, the Income Tax department on Monday said it has issued 87 notices and attached bank deposits worth crores in 42 cases nationwide under the newly enforced Benami Transactions Act which attracts a heavy penalty and rigorous jail term of a maximum 7 years.
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PM Modi Targets Real Estate Assets In Drive Against Corruption
Prime Minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else's name as part of his campaign against corruption, a senior tax official said on Monday.
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No Intention To Demonetise Rs 100/50 Notes: Government
Seeking to dispel rumours making the rounds, the government today said there is no intention to demonetise Rs 100 and Rs 50 notes.
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Centre Moves Supreme Court For Open Court Hearing Of Benami Act Review
The Supreme Court on Tuesday agreed to consider the Centre's submissions for an open court hearing of its plea seeking review of the judgement by which several provisions of the Benami Transactions (Prohibition) Amendment Act, 2016 were struck down.
-
Centre Seeks Open Court Hearing On Request For Benami Law Verdict Review
The Centre on Tuesday sought from the Supreme Court an open court hearing on its plea seeking review of the judgement by which several provisions of the Benami Transactions (Prohibition) Amendment Act, 2016 were struck down.
-
Delhi Court Ends Money Laundering Case Proceedings Against Satyendar Jain
The Delhi High Court on Monday granted relief by allowing Delhi minister Satyendar Jain's plea challenging proceedings against him under the Benami Transaction (Prohibition) Amendment Act 2016.
-
Ex-AIADMK Leader VK Sasikala's Assets Worth 1,600 Crores Attached
The Income Tax department on Tuesday attached properties worth Rs 1,600 crores belonging to former AIADMK leader VK Sasikala under the provisions of the Benami Transactions (Prohibition) Act, IT sources said.
-
Tax Officials Attach Rs 400 Crore Plot Belonging To Mayawati's Brother
The Income-Tax Department has attached a "benami" plot worth Rs 400 crore in Noida belonging to BSP chief Mayawati's brother and his wife, an official order said.
-
Benami Attachments Worth Crores May Fall Flat As No Authority For 1.5 Years
Over 780 benami asset attachments worth crores of rupees run the risk of being invalidated in the near future as the government has failed to create a designated adjudicating authority for over a year-and-a-half since the stringent law was enforced to deal with black money and corruption.
-
Benami Property: Taxman Attaches Properties Worth Rs 3,500 Crore
The Prohibition of Benami Property Transactions Act provides for provisional attachment and subsequent confiscation of Benami properties, whether movable or immovable.
-
Keep Away From Benami Transactions, Warns Income Tax Department
The department started initiating action under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016.
-
Allegedly Benami Properties Owned By Lalu Yadav's Daughter Seized
The Income Tax Department has provisionally attached a plot of land and a house in connection with its probe in the Rs 1,000-crore benami land deals and tax evasion case allegedly involving family members of Bihar politician Lalu Yadav.
-
Questions On GST, Modi Government Schemes In Civil Services Exam
Questions on Goods and Services Tax (GST), benami transactions and schemes run by the central government were asked in the civil services preliminary examination held on 18 June 2017.
-
People With Black Money Fear Modi Government: Amit Shah
BJP President Amit Shah today said people with black money "fear" the Modi government, which has unearthed and undisclosed assets worth over Rs 1.37 lakh crore.
-
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.
-
Income Tax Department Begins Action Under Benami Act; Issues 87 Notices
Initiating a stringent action against black money holders post notes ban, the Income Tax department on Monday said it has issued 87 notices and attached bank deposits worth crores in 42 cases nationwide under the newly enforced Benami Transactions Act which attracts a heavy penalty and rigorous jail term of a maximum 7 years.
-
PM Modi Targets Real Estate Assets In Drive Against Corruption
Prime Minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else's name as part of his campaign against corruption, a senior tax official said on Monday.
-
No Intention To Demonetise Rs 100/50 Notes: Government
Seeking to dispel rumours making the rounds, the government today said there is no intention to demonetise Rs 100 and Rs 50 notes.
