Benami property case against Lalu and family referred to Adjudicating Authority
The market value of the farm house is Rs 40 Cr but the book value of the same has been mentioned Rs 1.4 Cr.
Sep 12, 2017, 20:19 PM IST
People with black money fear Modi government: Amit Shah
In one year time, Shah added, 99 lakh new PAN cards have been made in the country and this is the highest since Independence.
May 27, 2017, 15:00 PM IST
Shell companies: Task Force to prosecute about 10 lakh such firms
So as to check future black money generation through shell company route, a government task force has decided to prosecute about 10 lakh such firms and prepare an Aadhaar-based KYC registry.
Mar 01, 2017, 18:43 PM IST
Benami assets: I-T dept books 230 cases, attaches Rs 55 cr assets
The Income Tax department has registered over 230 cases and attached assets worth Rs 55 crore nationwide as part of its post demonetisation action under the newly enforced Benami Transactions Act.
Feb 22, 2017, 19:55 PM IST
I-T begins action under Benami Act; issues 87 notices; attaches 42 assets worth crores
Initiating a stringent action against black money holders post notes ban, the Income Tax department Monday said it has issued 87 notices and attached bank deposits worth crores in 42 cases nationwide under the newly enforced Benami Transactions Act which attracts a heavy penalty and rigorous jail term of a maximum 7 years.
Jan 30, 2017, 18:57 PM IST
Compliance window for domestic black money opens today
New Delhi: The 4-month disclosure window giving an opportunity to domestic black money holders to come clean by paying tax and penalty of 45 percent on such assets opened on Wednesday.
Jun 01, 2016, 12:13 PM IST
