Benami transactions

Confiscated benami assets worth Rs 6,900-cr: I-T dept

The tax department started initiating action under this law, implemented by the Modi government, from November 1, 2016.

Jan 29, 2019, 11:52 AM IST

Taxman alert: Keep away from benami transactions

The department put out its alert in a public advertisement published in leading national dailies.

Jan 10, 2018, 14:43 PM IST

Govt identifies 400 benami transactions

More than 400 Benami transactions have been identified since the Benami Act has come into effect, informed Minister of State for Finance Santosh Kumar Gangwar in a written reply to a question in Rajya Sabha on Tuesday.

Jul 26, 2017, 21:22 PM IST

I-T dept attaches 12 plots of Tejashwi Yadav, Misa Bharti, Rabri Devi

The I-T department t served attachment notice under the stringent act for assets worth over Rs 9 crore against the Lalu Prasad family.

Jun 20, 2017, 15:30 PM IST

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

Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years

The Revenue Department on Friday said it has detected evasion of more than Rs 1.37 lakh crore in both direct and indirect taxes and identified over 1,000 shell companies which indulged in bogus transactions worth Rs 13,300 crore in the last three financial years.

Apr 07, 2017, 13:13 PM IST

Govt sends out notices in 140 cases under benami law

The government has issued notices in 140 cases involving properties with a value of Rs 200 crore under the Benami Transactions (Prohibition) law.

Mar 24, 2017, 19:59 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

Congress veteran Chidambaram slams demonetisation move, asks have 'achhe din' arrived?

Senior Congress leader and former Finance Minister P Chidambaram on Tuesday ridiculed the Centre's demonetisation move, asking if banks doling out cash to citizens was "proof" that 'achhe din' have arrived.

Nov 15, 2016, 15:12 PM IST

After black money, Narendra Modi govt's next crackdown may be on benami transactions, gold

After its sudden demonetisation move, the Narendra Modi government's next crackdown may be on benami transactions and illegal gold buying.

Nov 15, 2016, 12:05 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

Lok Sabha passes Bill to check benami transactions

Seeking to check black money, Lok Sabha on Wednesday passed a comprehensive Benami Transactions Amendment Bill, with Finance Minister Arun Jaitley assuring that genuine religious trusts will be kept out of the purview of the legislation.

Jul 27, 2016, 19:33 PM IST

Justice Dhingra being used by BJP for ''political witch-hunt'': Congress

Seeking resignation of Justice Dhingra, Congress spokesperson Randeep Surjewala asserted that the former has compromised his position on the behalf of undue advantage leveraged to him by the Haryana Government-led by Chief Minister Manohar Lal Khattar.

Jul 01, 2016, 12:15 PM IST

Sebi bars Karvy Stock Broking from taking new work for 1 year

SAT's order came after it was found that the regulator did not permit the brokerage to cross-examine Bharat Overseas Bank's Ahmedabad Branch Manager Devi Dutt in the case.

Jun 15, 2015, 18:11 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

Realty players hail Bill to curb benami transactions

Real estate industry Thursday hailed the Centre's decision to bring in a law to check `benami' transactions, saying this will ensure transparency in the sector and also related fields.

May 14, 2015, 23:17 PM IST

Bill for stricter control over benami transactions

A comprehensive bill to have
stricter control over benami transactions, including
provisions for confiscation of such property and imprisonment,
was introduced in the Lok Sabha on Thursday.

Aug 18, 2011, 14:29 PM IST

New act to deal with benami transactions

The government on Thursday approved a proposal to bring a new legislation for stricter control over benami transactions amid the UPA regime facing heat over the black money issue from various quarters.

Jul 21, 2011, 15:38 PM IST