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Benami Transactions

Latest Articles


Understanding Benami Property: Definition, Offenses & Examples

Corporate Law : Learn about Benami properties, their definition, motive, and legal implications. Explore examples of Benami transactions and the c...

July 22, 2023 11469 Views 3 comments Print

Provisions of Prohibition of Benami Property Transactions Act, 1988 Rationalised

Income Tax : Understand changes to the provisions of the PBPT Act,1988 with budget 2023 - Section 46 appeals & more...

February 5, 2023 1143 Views 0 comment Print

Benami transactions or Benami property

Income Tax : Understand the impact of Benami transactions and property dealings. Learn about the legal implications and consequences of such tr...

November 25, 2022 4563 Views 1 comment Print

Laws against Benami Property in India

Corporate Law : Learn about the Benami Transactions (Prohibition) Amendment Act, 2016 and the measures taken to confiscate Benami property in Indi...

November 24, 2022 1809 Views 0 comment Print

SC: No Criminal Proceedings can be initiated against any Benami transaction prior to October, 2016

Income Tax : SC held that revenue department cannot initiate criminal proceedings for transactions entered into prior to the Benami Transaction...

August 25, 2022 852 Views 1 comment Print


Latest Notifications


Allocation of Jurisdiction among Competent Authorities – Benami Property Act

Income Tax : Read latest notification (No. 04/2023) from Ministry of Finance, Department of Revenue, allocating jurisdiction among Competent Au...

July 31, 2023 1020 Views 0 comment Print

Govt notifies jurisdiction for Competent Authorities under Benami Act

Income Tax : Central Government allocates jurisdiction among Competent Authorities authorized under section 5(1) of Smugglers and Foreign Excha...

July 19, 2021 3102 Views 0 comment Print

Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019

Income Tax : (1) These rules may be called the Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019. (2) They shall come in...

November 29, 2019 2862 Views 0 comment Print


Latest Posts in Benami Transactions

Section 5 Provision under Amended Act on Benami Property Transactions Applies Prospectively: Madras HC

January 5, 2024 660 Views 0 comment Print

Explore the Madras High Court’s stance on applying Section 5 of the Amended Prohibition of Benami Property Act retrospectively. Analysis of recent judgments and implications for pending cases.

Writ Dismissed as Provisional Attachment Lifted under Section 24(4)(b)(i) of Benami Property Act

November 2, 2023 231 Views 0 comment Print

Kerala High Court dismissed the writ petition as provisional attachment made u/s 24(4)(b)(i) of the Prohibition of Benami Property Transactions Act, 1988 in respect of the properties of the petitioner was lifted.

Allocation of Jurisdiction among Competent Authorities – Benami Property Act

July 31, 2023 1020 Views 0 comment Print

Read latest notification (No. 04/2023) from Ministry of Finance, Department of Revenue, allocating jurisdiction among Competent Authorities under Benami Property Transactions Act.

Benami Property: Calcutta High Court Refuses to Quash Notice 

July 23, 2023 843 Views 0 comment Print

Calcutta High Court allows re-hearing and extension to file objections in a case concerning Section 24 of the Prohibition of Benami Property Transaction Act. The decision provides an opportunity for a more detailed review of the law.

Understanding Benami Property: Definition, Offenses & Examples

July 22, 2023 11469 Views 3 comments Print

Learn about Benami properties, their definition, motive, and legal implications. Explore examples of Benami transactions and the consequences for Benamidars and Beneficial Owners.

Provisions of Prohibition of Benami Property Transactions Act, 1988 Rationalised

February 5, 2023 1143 Views 0 comment Print

Understand changes to the provisions of the PBPT Act,1988 with budget 2023 – Section 46 appeals & more

HC quashed proceedings under Benami Transactions (Prohibition) Amendment Act, 2016 for transactions prior to 25-10-2016

January 2, 2023 726 Views 0 comment Print

Brightcareer Consultancy Services Pvt. Ltd. Vs Union of India (Bombay High Court) HC quashed proceedings under Benami Transactions (Prohibition) Amendment Act, 2016 for transactions prior to 25-10-2016 1. The petitioner in the present case, apart from challenging the constitutional validity of the provisions of the Benami Transactions (Prohibition) Amendment Act, 2016, has also challenged the […]

Section 53 of Benami Transactions (Prohibition) Amendment Act, 2016 is prospective

December 26, 2022 1323 Views 0 comment Print

Rajesh Katyal Vs Income Tax Department (Delhi High Court) Supreme Court in judgment of Ganpati Dealcom Pvt. Ltd. Held that offence under Section 53 of Benami Transactions (Prohibition) Amendment Act, 2016 is prospective and would only apply to those transactions which were entered into after amendment came into force i.e., 01st November, 2016. Supreme has […]

Benami transactions or Benami property

November 25, 2022 4563 Views 1 comment Print

Understand the impact of Benami transactions and property dealings. Learn about the legal implications and consequences of such transactions.

Laws against Benami Property in India

November 24, 2022 1809 Views 0 comment Print

Learn about the Benami Transactions (Prohibition) Amendment Act, 2016 and the measures taken to confiscate Benami property in India.