Guide to Prohibition of Benami Property Transactions Act, 1988

About Guide to Prohibition of Benami Property Transaction Act, 1988
Division I

Prohibition of Benami Property Transactions Act, 1988 & Prohibition of Benami Property Transactions Rules, 2016

1. Prohibition of Benami Property Transactions Act, 1988

2. Prohibition of Benami Property Transactions Rules, 2016

Division II

Analysis of the Act

Evolution of Benami Law

Comparison between the Benami Transactions Prohibition Act, 1988 and the Amended Act, 2016

Chapter 1 Benami Transactions (Prohibition) Act — A Study in Comparison

Chapter 2 Benami Transaction — Introduction

Chapter 3 Prohibition of Benami Transactions

Chapter 4 Authorities

Chapter 5 Attachment, Adjudication and Confiscation

Chapter 6 Appellate Tribunal

Chapter 7 Special Courts

Chapter 8 offences and Prosecution

Chapter 9 Miscellaneous

Chapter 10 Notifications

Chapter 11 Removal of Difficulties Orders

Chapter 12 Prohibition of Benami Property Transactions (Conditions of Services of Members of Adjudicating Authority) Rules, 2019

Chapter 13 Application To Properties Located Outside

Chapter 14 Section 88 and Section 89 of Companies Act in Connection With Benami Transaction

Chapter 15 Section 187 of Companies Act 2013 — Investments of Company to be held in its Own Name

Chapter 16 Rule 9 of the Companies Management and Administration Rules, 2014 — Declaration in Respect of Beneficial Interest in any Shares

Chapter 17 Income Disclosure Scheme Connected With Benami Transaction and Its Consequences

Chapter 18 Correlation Between Benami Transaction and Tax Evasion

Chapter 19 Income Tax Act, 1961 and the Benami Law

Chapter 20 How Aadhaar Linking Can Help Government to Catch Benami Properties

Chapter 21 How Prohibition of Benami Transaction Prevents Money Laundering

Chapter 22 Conclusion

Appendix 1 Benami Transactions (Prohibition) Amendment Act, 2016
Appendix 2 Amendments Made by Finance (No. 2) Act, 2019
Appendix 3 57th Report of Law Commission on Benami Transaction
Appendix 4 130th Report of Law Commission on Benami Transaction
Appendix 5 The Second Schedule: Procedure for Recovery of Tax (To the Income-tax Act, 1961)
Appendix 6 Code of Criminal Procedure, 1973
Appendix 7 Frequently Asked Questions of Benami Transactions