Description
Taxmann Publications Law Relating To Prohibition of Benami Property Transactions Act 1988 4th Edition 2021 by Taxmann
Taxmann’s Law Relating to Prohibition of Benami Property Transactions Act 1988 covers the following:
Section-wise Commentary on Law Relating to Prohibition of Benami Property Transactions Act, 1988
Ready Reckoner for the following:
[Alphabetical Reckoner] on Benami Law
Relatives in whose names, property can be purchased/held without Benami taint.
Covers various FAQs on Law relating to Benami Transactions.
The Present Publication is the 4th Edition, as amended by the Finance Act 2021, with the following noteworthy features:
Thorough analysis of the Benami Laws
Complete understanding of each appellate authority along with their powers
Penalty and prosecutions linked with the Benami transactions
Subject index to quickly find out the relevant matter
The detailed contents of the book are as follow:
Chapter I – Preliminary
Short title, extent and commencement
Definitions
Chapter II – Prohibition of Benami Transactions
Prohibition of Benami Transactions
Prohibition of the right to recover property held benami
Property held benami liable to confiscation
Prohibition on re-transfer of property by benamidar
Chapter III – Authorities
Adjudication Authority
Authorities and jurisdiction
Powers of Authorities
Certain officers to assist in inquiry, etc.
Power to call for information
Power of authority to impound documents
Power of authority to conduct inquiry, etc.
Chapter IV – Attachment, Adjudication and Confiscation
Notice and attachment of property involved in benami transaction
Manner of service of notice
Adjudication of benami property
Confiscation and vesting of benami property
Management of properties confiscation
Possession of the property
Chapter V – Appellate Tribunal
Establishment of Appellate Tribunal
Composition, etc., of Appellate Tribunal
Qualification for appointment of Chairperson and Members of Appellate Tribunal
Terms and condition of services of Chairperson and Members of Appellate Tribunal
Term of office of Chairperson and Members
Removal of Chairperson and Members from office in certain circumstances
Vacancies, etc., not to invalidate proceedings of Appellate Tribunal
Resignation and removal
Member to act as Chairperson in certain circumstances
Staff of Appellate Tribunal
Procedure and powers of Appellate Tribunal
Distribution of business amongst Benches of Appellate Tribunal
Power of Chairperson of Appellate Tribunal to transfer cases
Decision to be by majority
Members, etc., to be public servants
Bar of jurisdiction of civil courts
Appeals to Appellate Tribunal
Rectification of mistakes
Right to representation
Appeal to High Court
Chapter VI – Special Courts
Special Courts
Application of Code of Criminal Procedure, 1973 to proceedings before Special Court
Appeal and revisions
Chapter VII – Offences and Prosecution
Penalty for benami transaction
Penalty for false information
Penalty for failure to comply with notices or furnish information
Proof of entries in records or documents
Previous sanction
Chapter VIII – Miscellaneous
Repeal of provision of certain Acts
Certain transfers to be null and void
Exemption
Power of Central Government to issue directions, etc.
Application of other laws not barred
Offences to be non-cognizable
Offences by companies
Notice, etc., not be invalid on certain ground
Protection of action taken in good faith
Transfer of pending cases
Proceedings, etc., against legal representative
Act to have overriding effect
Power to make Rules
Laying of Rules and Notifications before Parliament
Power to remove difficulties
Transitional provision
Repeal and saving
Also Available
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Taxmann
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