The Prohibition of Benami Property Transactions Act, 1988 & Rules, 2016 (1st Edition) 2017

The Prohibition of Benami Property Transactions Act, 1988 & Rules, 2016 is a vital legal reference that comprehensively addresses the law relating to benami transactions in India. The Act aims to curb black money, prevent tax evasion, and prohibit the holding of property in fictitious or proxy names. This book presents the complete, updated statutory text along with the procedural rules that govern implementation, enforcement, attachment, confiscation, and adjudication of benami properties.

It elaborates on key legal concepts such as benami transactions, beneficial ownership, authorities under the Act, powers of the Initiating Officer, Adjudicating Authority, and Appellate Tribunal, as well as offences and stringent penalties including imprisonment and fines. The Rules, 2016 provide clarity on procedural aspects, ensuring practical applicability for litigation, compliance, and advisory work.

This publication is especially useful for legal professionals dealing with property disputes, tax investigations, and economic offences, as well as corporate entities ensuring regulatory compliance. It also serves as an essential resource for judicial service aspirants, law students, and academicians studying financial and property laws in India.