Benami Transaction (Prohibition) Act, 1988

CA Deepak Bharti , Last updated: 26 April 2021  
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History of Benami Transactions Benami is a Persian term which essentially means something without a name. However, in the present context, it means proxy. So, a benami property is a property bought by the original owner using a proxy. This helps him park his unaccounted money safely while avoidin

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Published by

CA Deepak Bharti
(Chartered Accountant)
Category Income Tax   Report

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