Tag Archives: Benami transactions law
Benami Transactions Law– Attempt To Check Black Money In Real Estate
Last month, the Lok Sabha passed a comprehensive Benami Transactions (Prohibition) Amendment Bill 2015, with the intent of bringing unaccounted money into the system, as well as seizing benami property and prosecuting those indulging in such activities. The three-fold objective – Amending the definition of benami transactions, establishing adjudicating authorities and setting up an Appellate
