Benami
This query is : Resolved
22 December 2013
what is benami transaction???
22 December 2013
Whenever a property is purchased by one person for which consideration is paid or provided by another person, the said transaction is considered to be a “benami” transaction.
For details check out below link--
http://newcenturyindianlaw.blogspot.in/2012/01/benami-transactions-in-property.html
For details check out below link--
http://newcenturyindianlaw.blogspot.in/2012/01/benami-transactions-in-property.html
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