Confiscation and vesting of benami property.

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..... cating Authority shall, after giving an opportunity of being heard to the person concerned, make an order confiscating the property held to be a benami property: Provided that where an appeal has been filed against the order of the Adjudicating Authority, the confiscation of property shall be made subject to the order passed by the Appellate Tribunal under section 46: Provided further .....

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..... ation is made upon the proceedings under this Act attaining finality, no claim shall lie against the Government. ******************* Notes: 1. Inserted vide Benami Transactions (Prohibition) Amendment Act, 2016 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - ta .....

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