Benami Properties

Saturday, Apr 20, 2024 | Last Update : 12:16 AM IST

Dilip Cherian | Foreign assets on IRS radar as CBDT lobbies for more funds

Speculation is rife that Mr Sharma could be named the home minister or even deputy chief minister of UP

28 Jan 2021 7:13 AM

The Chief Minister revealed that he has instructed the Chief Secretary to start working on the legislation so that it can be enacted at the earliest. (Photo: ANI)

Seized benami properties will be used for public utilities: Uttarakhand CM

The Chief Minister said the government aims to unmask the persons who have made illicit wealth through black money and Benami transactions.

22 Jul 2019 9:20 PM

The Income Tax department has attached benami properties worth Rs 4,300 crore till June 30, the government said on Tuesday. (Photo: PTI)

Benami properties worth Rs 4,300 cr attached, says govt

The I-T department has set up 24 dedicated Benami Prohibition Units across India.

24 Jul 2018 5:11 PM

Sharing "specific information" with the income tax department about any benami transaction or property could earn you up to Rs one crore, while the same for undisclosed black money stashed abroad could fetch up to Rs 5 crore.

Be an informer to I-T department and earn up to Rs 5 crore

This reward scheme is aimed at encouraging people to give information about benami transactions and properties.

01 Jun 2018 4:16 PM

The act provides for provisional attachment and subsequent confiscation of benami properties, whether movable or immovable.

Benami items worth Rs 3,500 crore attached: I-T

In yet another case, a cash amount of Rs 1.11 crore was intercepted from a vehicle with a person who denied the ownership of this cash.

12 Jan 2018 2:19 AM

Department had set up 24 dedicated Benami Prohibition Units (BPUs) under its Investigation Directorates all over India in May, 2017.

I-T dept attaches benami properties worth Rs 3,500 crore

Benami Act defines a benami transaction as a transaction where a property is held by or transferred to a person.

11 Jan 2018 1:37 PM

The Income Tax Department is matching the "tax profiles" of all property registrations of above Rs 30 lakh under the provisions of the anti-Benami Act. (Representational Image)

Benami assets: I-T department scanning profiles of property registered

The top boss of the I-T department said that till now, the taxman has attached 621 properties.

14 Nov 2017 8:54 PM

Finally, Yadav Jr comes of age

Tejashwi has everything it takes to survive in murky world of politics.

07 Aug 2017 12:43 AM

The government may mandate the quoting of Aadhaar for registration of property deals.

Govt considers making Aadhaar compulsory for property registration

This move will help the government crack down on benami property deals.

02 Aug 2017 3:37 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Need examples to deter benami deals: Arun Jaitley

Pressures are built using democratic polity in order to assert a non-existent right of not to pay taxes.

25 Jul 2017 12:01 PM

Income Tax department has launched massive crackdown on tax evaders.

I-T dept unearths 400 benami deals, attaches Rs 600-cr properties

Crackdowns form part of tax dept's efforts to implement new Benami Act to ensure visible outcomes.

24 May 2017 6:49 PM

Govt sends out notices in 140 cases under benami law

The Benami Transactions (Prohibition) Amendment Act, 2016, came into effect from November 1, 2016.

24 Mar 2017 5:16 PM

I-T department identifies 235 cases of 'benami' transactions

Out of the 140 notices, 'benami' properties worth more than Rs 55 crore have already been provisionally attached in 124 cases.

23 Feb 2017 8:30 AM

The windfall that the government expected from the note ban appeared elusive, forcing it to bring out new regulations almost every day.

Wrap-up: And miles to go before we sleep

If anybody had to pick one event that defined 2016, then it has to be demonetisation.

02 Jan 2017 6:50 AM

The Sena also sought to know from the government if it will ensure that Kashmiri Pandits get their "fair share" of land back in Kashmir. (Photo: PTI)

Ensure benami properties law doesn’t hit common man: Sena to Modi

Shiv Sena said the steps taken against the rich and black money holders had an adverse effect on the common people.

28 Dec 2016 2:15 PM

Prime Minister Narendra Modi (Photo: PTI)

PM’s crackdown on benami properties to clean up realty

Move may bring transparency and pull down real estate prices in India.

27 Dec 2016 2:32 AM

1 of 1

Columns

Shobhaa De

benami properties