How to Report Benami Property
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Taxes and Penalties Related to Benami Properties
The ‘Benami Transaction (Prohibition) Act’ 1988, was passed to curb and monitor the black money circulation although it was never implemented. Now with the passing of ‘Benami Transaction (Prohibition) Amendment Act’, 2016, an effective law ha...
Dev Singhraha
LEGAL GUIDANCE -
IT Department Cautions General Public About Getting Involved in Benami Property
Just a few days back the Income tax department of the country released an advertisement in the newspapers stating about the adverse consequences one could face for getting involved in Benami transaction. The advertisement focused on how severe the pu...
Dev Singhraha
LEGAL GUIDANCE