Income Tax : The Income Tax Department has issued comprehensive FAQs explaining what constitutes a benami property and benami transaction under...
Corporate Law : Learn about Benami properties, their definition, motive, and legal implications. Explore examples of Benami transactions and the c...
Income Tax : Understand changes to the provisions of the PBPT Act,1988 with budget 2023 - Section 46 appeals & more...
Income Tax : Understand the impact of Benami transactions and property dealings. Learn about the legal implications and consequences of such tr...
Corporate Law : Learn about the Benami Transactions (Prohibition) Amendment Act, 2016 and the measures taken to confiscate Benami property in Indi...
Income Tax : Amendments to the PBPT Act, effective October 1, 2024, introduce new deadlines and immunity provisions for benamidars. Key changes...
Income Tax : The Rajasthan High Court held that an order restoring appeals through review proceedings is not separately appealable under the Be...
Income Tax : Supreme Court held that attachment orders under the Benami Act cannot be challenged before NCLT under IBC, as the Act provides an ...
Income Tax : Tribunal held that an investment already assessed substantively in another person’s hands cannot again be taxed under Section 69...
Corporate Law : The Gujarat High Court quashed a property attachment order, holding that the 2016 Benami Amendment Act applies only prospectively....
Income Tax : Allahabad High Court halts benami proceedings against Arpit Jagga, questioning jurisdiction as the cash was already assessed under...
Income Tax : Finance Ministry updates special courts under Benami Act; Raipur and Jaipur court designations revised in July 2025 notification f...
Income Tax : Read latest notification (No. 04/2023) from Ministry of Finance, Department of Revenue, allocating jurisdiction among Competent Au...
Income Tax : Central Government allocates jurisdiction among Competent Authorities authorized under section 5(1) of Smugglers and Foreign Excha...
Income Tax : (1) These rules may be called the Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019. (2) They shall come in...
The Income Tax Department has issued comprehensive FAQs explaining what constitutes a benami property and benami transaction under the PBPT Act. The guidance also details confiscation procedures, prosecution, statutory exceptions, and appeal mechanisms.
The Rajasthan High Court held that an order restoring appeals through review proceedings is not separately appealable under the Benami Act. The Court ruled that Order 47 Rule 7 CPC barred such challenges.
Supreme Court held that attachment orders under the Benami Act cannot be challenged before NCLT under IBC, as the Act provides an exclusive adjudicatory mechanism. Insolvency tribunals cannot review sovereign confiscation proceedings.
Tribunal held that an investment already assessed substantively in another person’s hands cannot again be taxed under Section 69. The case was remanded to avoid double taxation and ensure consistent adjudication.
The Gujarat High Court quashed a property attachment order, holding that the 2016 Benami Amendment Act applies only prospectively. The ruling relied on the Supreme Court’s finding that actions under the Act cannot cover transactions before 25 October 2016.
Finance Ministry updates special courts under Benami Act; Raipur and Jaipur court designations revised in July 2025 notification for effective adjudication.
Allahabad High Court halts benami proceedings against Arpit Jagga, questioning jurisdiction as the cash was already assessed under the Income Tax Act and arguing cash may not be benami property.
Appellate Tribunal overturns Benami property attachment order in Rachakonda Srinivas Rao case, citing lack of ownership transfer and applicability of amended PBPTA.
Amendments to the PBPT Act, effective October 1, 2024, introduce new deadlines and immunity provisions for benamidars. Key changes include extended time limits and immunity from prosecution.
Explore the legal intricacies of Santosh Bhadoriya’s challenge against a show cause notice and provisional attachment order under the Prohibition of Benami Property Transactions Act, 1988. Understand the arguments presented by both parties and the Madhya Pradesh High Court’s decision.
