Category: Benami

Adjudicating Authority and Appellate Tribunal established under Prohibition of Benami Property Transaction Act 1988

Central Government establishes Adjudicating Authority and Appellate Tribunal at Delhi under Prohibition of Benami Property Transaction Act, 1988 (the Benami Act)  Authority/Tribunal Place Adjudicating Authority appointed to exercise jurisdiction, powers and authority conferred by or under the Benami Act The jurisdiction of the Adjudicating Authority shall be over the …

Appointment of Adjudicating Authority & establishment of Appellate Tribunal under Benami Property Act

Cabinet approves appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act, 1988  The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act(PBPT), …

Prohibition of Benami Property Transactions (Removal of Difficulties) Order 2018.

Prohibition of Benami Property Transactions (Removal of Difficulties) Order 2018. Reference to Initiating Officer, representation by other parties MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) ORDER New Delhi, the 9th October, 2018 INCOME-TAX S.O.5194 (E).—Whereas, sub-section (1) of section 48 of the Prohibition of Benami Property Transactions Act,1988 (45 …

Identification of Benami Properties-More than 1600 provisional attachments made in Benami Transactions 

Identification of Benami Properties-More than 1600 provisional attachments made in Benami Transactions  The Minister of State for Finance in Rajya Sabha stated that the Prohibition of Benami Property Transactions Act 1988 as amended by the Benami Transaction (Prohibition) Amendment Act, 2016 seeks to prohibit the Benami Transactions irrespective of the method by which the Benami Property is …

CBDT-SOP for implementation of Prohibition of Benami Property Transactions Act 1988

CBDT-SOP for implementation of Prohibition of Benami Property Transactions Act 1988 following setting up of dedicated Benami Prohibition Units (BPUs) CBDT-SOP for implementation of Prohibition of Benami Property Transactions Act 1988 CBDT (Investigation Division) has issued a Standard  Operating  Procedure (SOP) with regard to implementation of Prohibition of Benami Property …

Prohibition of Benami Property Transactions Rules 2016 wef 01-11-2016. Price, Information attachment confiscation and disposal

Prohibition of Benami Property Transactions Rules 2016 wef 01-11-2016. Price, Information attachment confiscation and disposal. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE NOTIFICATION New Delhi, the 25th October, 2016. G.S.R. 1004(E).—In exercise of the powers conferred by section 68 of the Prohibition of Benami Property Transactions …