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Rule 9 - Disposal of confiscated property under sub-section (3) of section 28 - Prohibition of Benami Property Transactions Rules, 2016.Extract 9. Disposal of confiscated property under sub-section (3) of section 28 . -Where the Central Government directs that the property vested in it under sub-section (3) of section 27 be disposed of, then, the administrator shall arrange to dispose of the property in the manner provided in the Second Schedule to the Income-tax Act, 1961(43 of 1961).
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