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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Benami Property - Rights of a bona-fide purchaser - section ...

Case Laws     Income Tax

December 18, 2019

Benami Property - Rights of a bona-fide purchaser - section 27(2) of the PBPT Act, 1988 - At the time of execution of the Agreement to Sale on 18.03.2013, there was no common director in the two entities - Thus, the allegation made by the respondent of common management/shareholding factually has no substance.

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