The Ministry of Finance, Department of Revenue, through its Competent Authority Cell, issued Notification No. 04/2023 on 31st July 2023. This notification pertains to the Prohibition of Benami Property Transactions Act, 1988. The notification aims to allocate jurisdiction among the Competent Authorities authorized under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976, for the purpose of the said Act.
The notification specifies the Competent Authorities and their respective jurisdictions based on the headquarters of Income Tax Authorities exercising powers under the Prohibition of Benami Property Transactions Act, 1988. The allocation of jurisdictions among Competent Authorities aims to streamline and enhance the handling of cases related to benami property transactions.
Ministry of Finance
(Department of Revenue)
(Competent Authority Cell)
New Delhi
Notification No. 04 of 2023| Dated: 31st July, 2023
G.S.R. 571(E).— In exercise of the powers conferred under section 7 of the Prohibition of Benami Property Transactions Act, 1988 [hereinafter called as “Act”](45 of 1988) as amended by Finance Act, 2021 (13 of 2021), and in supersession of the notification number 02 of 2021 G.S.R, 499(E), dated the 19th July, 2021, Ministry of Finance, Department of Revenue, published in Part II, Section 3, Sub-section (i) of the Gazette of India, Extraordinary, except as respects things done or omitted to be done before such supersession, the Central Government is pleased to allocate the following areas of jurisdiction among the Competent Authorities authorized under sub-section (1) of section 5 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (13 of 1976) for the purpose of the said Act:-
| Sl. No. |
Name of Competent Authority |
Jurisdiction |
| 1. | Competent Authority, Kolkata | All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Kolkata, Bhubaneshwar, Patna, Guwahati. |
| 2. | Competent Authority, Chennai | All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Bengaluru, Chennai, Kochi, Hyderabad. |
| 3. | Competent Authority, New
Delhi |
All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Delhi, Chandigarh, Ludhiana, Jaipur, Lucknow, Kanpur. |
| 4. | Competent Authority, Mumbai | All the cases referred by Income Tax Authorities* exercising the powers and performing the functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at Mumbai, Ahmedabad, Surat, Pune, Nagpur, Panaji, Bhopal, Raipur. |
* The territorial area wise jurisdiction of the respective Income Tax Authorities in this regard shall be same as provided for in CBDT Notification No 40/2017/F. No. 173/429/2016-ITA-I dated 18-05-2017 [S.O. 1621(E)] published in Part II, Section 3, Sub-section (ii) of the Gazette of India, Extraordinary.
The work performed by the Competent Authorities authorized under sub-section (1) of section 5 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (13 of 1976) in exercise of powers conferred under section 7 of the Prohibition of Benami Property Transactions Act 1988 shall be in addition to the work already being performed by the Competent Authorities.
[F. No. A-50050/76/2023-CA Cell]
MANOJ KUMAR SINGH, Director (Hq)
