Govt. allocates areas of jurisdiction for Competent Authorities to act as Adjudicating Authority under Benami Act
MINISTRY OF FINANCE
(Department of Revenue)
(COMPETENT AUTHORITY CELL)
Notification No. 02 of 2021
New Delhi, the 19th July, 2021
G.S.R. 499(E).—In exercise of the powers conferred under section 7 of the Prohibition of Benami Property Transactions Act 1988 [hereinafter called as “Act”](45 of 1988) as amended by Finance Act, 2021 (13 of 2021), the Central Government is pleased to allocate the following areas of jurisdiction among the Competent Authorities authorized under sub-section (1) of section 5 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (13 of 1976) for the purpose of the said Act:
| S. No. | Name of Competent Authority | Jurisdiction |
| 1 | Competent Authority, Kolkata | All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Kolkata, Bhubaneshwar, Patna, Guwahati |
| 2 | Competent Authority, Chennai | All the cases referred byIncome Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Bengaluru, Chennai, Kochi, Hyderabad, Panaji |
| 3 | Competent Authority, Delhi | All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Delhi, Bhopal, Raipur, Chandigarh, Ludhiana, Jaipur, Lucknow, Kanpur |
| 4 | Competent Authority, Mumbai | All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Mumbai, Ahmedabad, Surat, Pune, Nagpur |
* The territorial area wise jurisdiction of the respective Income Tax Authorities in this regard will be same as provided for in CBDT Notification No 40/2017/F. No. 173/429/2016-ITA-I dated 18-05-2017 [S.O. 1621(E)] published in Part II, Section 3, Sub-section (ii) of the Gazette of India, Extraordinary.
The work performed by the Competent Authorities authorized under sub-section (1) of section 5 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (13 of 1976) in exercise of powers conferred under section 7 of the Prohibition of Benami Property Transactions Act 1988 will be in addition to the work already being performed by the Competent Authorities.
[F. No. A-50050/79/2021-CA Cell]
DINESH BOUDDH, Director
- Dividing total turnover by 365 days to arrive at daily cash sale is based on conjectures and surmises
- NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm
- Sibsagar University invites EoI for Appointment of Internal Auditor for 01.08.2024 to 31.03.2026.
- Andhra Pradesh High Court struck down Section 147A of the Income Tax Act, 1961 as unconstitutional
- Compensation to borrower upheld as bank did not verify construction progress before loan disbursals to builder
