Ministry of Finance Identification of Benami Properties 24 JUL 2018 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 acquired. Such Benami Transactions include transactions in respect of movable as … [Read more...] about Identification of Benami Properties
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New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department
Ministry of Finance New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department To get people's participation in the Income Tax Department's efforts to unearth black money and to reduce tax evasion Posted On: 01 JUN 2018 It was found in many cases that black money was invested in properties in the names of others, even though benefits … [Read more...] about New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department
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