Guide to PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988

Prohibition of Benami Property Transactions Act, 1988
&
Prohibition of Benami Property Transactions
Rules, 2016

1.   Prohibition of Benami Property Transactions Act, 1988

2.   Prohibition of Benami Property Transactions Rules, 2016

3.   Benami Transactions Informants Rewards Scheme, 2018

Division II

Analysis of the Act

Evolution of Benami Law

Comparison between the Benami Transactions ProhibitionAct, 1988 and the Amended Act, 2016

Chapter 1      Benami Transactions (Prohibition) Act — AStudy in Comparison

Chapter 2      Benami Transaction — Introduction

Chapter 3      Prohibition of Benami Transactions

Chapter 4      Authorities

Chapter 5      Attachment, Adjudication and Confiscation

Chapter 6      Appellate Tribunal

Chapter 7      Special Courts

Chapter 8      Offences and Prosecution

Chapter 9      Miscellaneous

Chapter 10    Notifications

Chapter 11    Removal of Difficulties Orders

Chapter 12    Prohibition of Benami Property Transactions(Conditions of Services of Members ofAdjudicating Authority) Rules, 2019

Chapter 13    Application to Properties Located Outside

Chapter 14    Section 88 and Section 89 of Companies Act inConnection With Benami Transaction

Chapter 15    Section 187 of Companies Act 2013 —Investments of Company to be held in its OwnName

Chapter 16    Rule 9 of the Companies Management andAdministration Rules, 2014 — Declaration inRespect of Beneficial Interest in any Shares

Chapter 17    Income Disclosure Scheme Connected WithBenami Transaction and Its Consequences

Chapter 18    Correlation between Benami Transaction andTax Evasion

Chapter 19    Income Tax Act, 1961 and the Benami Law

Chapter 20    How Aadhaar Linking Can Help Governmentto Catch Benami Properties

Chapter 21    How Prohibition of Benami TransactionPrevents Money Laundering

Chapter 22    Conclusion

Appendix 1   Benami Transactions (Prohibition) AmendmentAct, 2016       

Appendix 2   Amendments made by Finance (No. 2) Act,2019           

Appendix 3   Amendments made by Finance Act, 2021                       

Appendix 4   Amendments made by Finance (No. 2) Act,2024           

Appendix 5   57th Report of Law Commission on
Benami Transaction                                                            

Appendix 6   130th Report of Law Commission on BenamiTransaction       

Appendix 7   The Second Schedule: Procedure for Recoveryof Tax (To the Income-tax Act, 1961) 

Appendix 8   The Bharatiya Nagarik Suraksha Sanhita(BNSS), 2023