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Prohibition of Benami Property Transactions Act, 1988
URI:
https://gptkb.org/entity/Prohibition_of_Benami_Property_Transactions_Act,_1988
GPTKB entity
Statements (25)
Predicate
Object
gptkbp:instanceOf
Indian legislation
gptkbp:administeredBy
gptkb:Department_of_Revenue,_Ministry_of_Finance,_Government_of_India
gptkbp:amendedBy
2016
gptkbp:appliesTo
gptkb:India
gptkbp:dateEnacted
1988
gptkbp:enactedBy
gptkb:Parliament_of_India
https://www.w3.org/2000/01/rdf-schema#label
Prohibition of Benami Property Transactions Act, 1988
gptkbp:keyProvision
confiscation of benami property
establishment of Adjudicating Authority
establishment of Appellate Tribunal
prohibits benami transactions
prosecution for benami transactions
gptkbp:longTitle
An Act to prohibit benami transactions and the right to recover property held benami
gptkbp:penalty
imprisonment
fine
gptkbp:purpose
prevent circumvention of law through benami property
prohibit benami transactions
gptkbp:relatedTo
gptkb:Income_Tax_Act,_1961
gptkb:Prevention_of_Money_Laundering_Act,_2002
gptkbp:repealedBy
gptkb:Benami_Transactions_(Prohibition_of_the_Right_to_Recover_Property)_Ordinance,_1988
gptkbp:shortName
gptkb:Benami_Act
gptkbp:status
in force
gptkbp:bfsParent
gptkb:Income_Tax_Department_of_India
gptkb:Indian_Revenue_Service_(Income_Tax)
gptkbp:bfsLayer
6