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Nishank Jain

Latest Posts by Nishank Jain

“Keep Away” From Benami Transations

January 13, 2018 2301 Views 0 comment Print

I-T started initiating action under the new benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016. As per the act benami property includes movable or immovable, tangible or intangible, corporeal or incorporeal property. It empowers provisional attachment and subsequent confiscation of benami properties.

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