Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Direct Taxes - Highlights / Catch Notes

Home Highlights May 2023 Year 2023 This

Constitutional validity - Amendment to Prohibition of Benami ...

Direct Taxes

May 10, 2023

Constitutional validity - Amendment to Prohibition of Benami Property Transactions Act, 1988 - Concerned authorities cannot initiate or continue criminal prosecution or confiscation proceedings for transactions entered into prior to the coming into force of the 2016 Act, viz., 25.10.2016. As a consequence of the above declaration, all such prosecutions or confiscation proceedings shall stand quashed. - SC

View Source

 


 

You may also like:

  1. Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019

  2. Applicability of the Benami Transactions (Prohibition) Amendment Act, 2016

  3. Amendment to Benami Transaction (Prohibition) Act, 1988 shall come into force w.e.f. 1.11.2016 - Notification

  4. Benami Transactions (Prohibition) Amendment Act, 2016

  5. Income Tax Department steps-up actions under Prohibition of Benami Property Transactions Act : Benami properties of more than ₹ 3,500 crore in more than 900 cases attached

  6. Prohibition of Benami Property Transactions (Conditions of services of Members of Adjudicating Authority) Rules, 2019

  7. Prohibition of Benami Property Transactions (Removal of Difficulties) Second Order, 2018

  8. Prohibition of Benami Property Transaction - funds infused into the shell companies by multiple layering in the guise of share capital or loan - as contended on the side...

  9. Benami Transactions: Tracing the evolution of Benami law in India - Benami Transactions (Prohibitions) Act, 1988

  10. Application of provisions of section 5 of the Benami Transactions (Prohibition) Amendment Act, 2016 - non-retrospective application of punitive legal provisions.

 

Quick Updates:Latest Updates