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Income Tax - Highlights / Catch Notes

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Benami transaction - retrospective or prospective amendments - ...

Income Tax

July 20, 2019

Benami transaction - retrospective or prospective amendments - the Benami Amendment Act, 2016, amending the Principal Benami Act, 1988, enacted w.e.f. 1st November, 2016, i.e. the date determined by the Central Government in its wisdom for its enforcement; cannot have retrospective effect.

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