I-T unearths 400 benami deals, attaches Rs 600-crore properties
The Income Tax Department on Wednesday said it has identified over 400 benami transactions and attached properties worth Rs 600 crore in about 240 cases.
May 24, 2017, 18:22 PM IST
Benami Property Act to be effective from November 1
The new law to prohibit benami transactions, which also provides for up to 7 years imprisonment and penalty for those indulging in such activities, will come into effect from November 1.
Oct 28, 2016, 20:55 PM IST
Parl panel scrutinises bill to check benami deals, black money
A Parliamentary panel Thursday scrutinised the benami transactions prohibition bill which has been brought in by the government to unearth domestic unaccounted wealth.
Jun 04, 2015, 23:09 PM IST
