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Direct Taxes - Highlights / Catch Notes

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Benami Property Transactions - This Court took the view that ...


Court Rules Sections 2(9)(A) & 2(9)(C) of Benami Transactions Amendment Act 2016 Are Prospective, Shaping Property Law Enforcement.

September 30, 2022

Case Laws     Direct Taxes     HC

Benami Property Transactions - This Court took the view that Section 2(9)(A) and 2(9)(C) of the Act inserted by the Amendment Act of 2016 are prospective in nature because these two provisions have significantly and substantially widened the definition of ‘benami transaction’ than as was there in the unamended Benami Property Act of 1988. - HC

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