Amendment to Benami Transactions (Prohibition) Act, 1988 became ...

Benami Act amendment effective 2016. Cases from 2011-2015 pre-date it. SC ruling in Ganpati case led to High Court setting aside orders by consensus.

Case Laws Benami Property

July 9, 2024

Amendment to Benami Transactions (Prohibition) Act, 1988 became effective from 01.11.2016. Cases pertain to period 2011-2015, prior to amendment. In light of Supreme Court judgment in Union of India and Another v. M/s. Ganpati Dealcom Pvt. Ltd., impugned orders set aside by High Court based on consensus between parties.

View Source

← Previous Next →

Amendment to Benami Transactions (Prohibition) Act, 1988 became ...

Benami Act amendment effective 2016. Cases from 2011-2015 pre-date it. SC ruling in Ganpati case led to High Court setting aside orders by consensus.

Case Laws Benami Property

July 9, 2024

You may also like:

Power of Central Government u/s 85 & 86 - Black Money Act, 2015 - ultravirus of notifications issued making them effective prior to 01.04.2016 - A fortiori the Central...

Effective date of notification - import - setting Minimum Import Price (MIP) on Iron and Steel - Notification No.38/2015-2020 dated 5th February, 2016 published in the...

Effective date of N/N. 46/2015-Cus dated 17.09.2015 - whether effective from the date of notification i.e. 17.09.2015 or the date when it was offered for sale i.e. 21.09....

The case pertains to the prohibition of benami property transactions and the applicability of amended provisions introduced by the Amending Act of 2016 to the Benami...

The Bombay High Court addressed non-compliance with Rule 28 of the NCLT Rules, 2016 regarding timely registration and disposal of applications u/s 94 and 95 of the...

Validity of Show Cause Notice (SCN) - CENVAT Credit - bagasse - Thus, bagasse is not a manufactured product and Rule 6 of the Cenvat Credit Rules, even after 2015...

Power of tribunal to review application - It is the well laid down proposition of law that ‘in the absence of any power of ‘Review’ or ‘Recall’ vested with the...

Impugned show cause notice for shortfall in service tax payment based on Rule 5(1) of Service Tax (Determination of Value) Rules, 2006 quashed as ultra vires Section 67...

Addition u/s 56(2)(vii) - relevant Section 50C cannot be invoked as the said section is applicable in the case of seller of the property only while the appellant is a...

Levy of late fee u/s. 234E - delay in filing of TDS statement - case of the assessee does not fall under the purview of amendment as the first quarter for the assessment...

Valuation of imported goods - rejection of declared value - The mandate to record reasons at the second stage of enquiry is not expressly stipulated, albeit it has been...

Assessment u/s 153C - Additions made by revenue based on search findings in group cases of M/s SRS mining and its partners - The Tribunal noted that the AO of the...

CENVAT Credit - Credit availed during the month of December, 2016 on the basis of invoices which were more than one year old from the date of purchase of inputs - bare...

Intangible Assets - Ind AS-38 of the Companies (Indian Accounting Standards) Rules, 2015 as amended.

Income Taxes - Ind AS-12 of the Companies (Indian Accounting Standards) Rules, 2015 as amended

Quick Updates: