Benami property News

The tribunal’s ruling comes a day after Ajit Pawar took oath as Maharashtra Deputy CM along with Shiv Sena's Eknath Shinde at Mumbai’s Azad Maidan, during the swearing-in of Devendra Fadnavis as Chief Minister.  

ED raided 6 locations in Kolkata on charges of cheating through gaming app. This raid took place at the Kolkata house of a businessman's son in which Rs 17 crore cash was recovered.

ED conducted raids today (on Saturday) in Kolkata, West Bengal. ED has recovered a huge amount of cash in the raid of businessman Nisar Khan's house. A machine has been called for counting Rs.

ED conducted raids today (on Saturday) in Kolkata, West Bengal. ED has recovered a huge amount of cash in the raid of businessman Nisar Khan's house. A machine has been called for counting Rs.

The Delhi High Court today refused to hear a Public Interest Litigation The PIL sought direction from the Centre, Law Commission and Delhi government It sought to ascertain the feasibility of confiscating 100% black money, Benami property, disproportionate assets

A flat valuing Rs 20 crores located in South Delhi, Parth Pawar’s office located at Nirmal House, estimated to be worth Rs 25 crores, a sugar factory in Jarandeshwar valuing around Rs 600 crores, a resort in Goa which is believed to cost around Rs 250 crores have been provisionally attached by the Benami Property Wing of the Income Tax Department.

Total unaccounted transactions amounting to Rs. 650 crore have been detected Documents relating to Benami property amounting to Rs. 15 crores were also found from the secret chamber. unaccounted & unrecorded transactions exceeding Rs. 1400 crore have been unearthed due to the search & seizure operation conducted on these 3 groups.

Patna has seen the least number of property attachments under the seizure.

Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav’s daughter Misa Bharti and her husband Shailesh are likely to be questioned by the Enforcement Directorate over the issue of benami properties. According to reports, the ED has already served them a notice for the questioning on Wednesday.

Aadhaar has a played a "big role" in ensuring that ration at proper rates, scholarships, pension and government subsidies reached the poor, he said.

Bihar Deputy CM on Tuesday levelled fresh charges against RJD supremo of amassing 'benami' properties.

According to the official, the information will have to be acute and identity of the informer will be kept secret. The department will never disclose the identity as this could endanger the informer. 

JD(U) on Wednesday dubbed Tuesday's meeting between Nitish Kumar and Tejashwi Yadav as routine.

Tejashwi Prasad Yadav on Tuesday attended a Cabinet meeting chaired by Nitish Kumar.

Tejashwi Yadav​ on Monday dismissed questions about the growing chorus for his resignation as media speculation.

"I'll create a situation where Nitish Kumar will have no option but to dismiss these two ministers (Tej Pratap Yadav and Tejashwi Prasad Yadav)," Sushil Modi said.  

The Income Tax Department on Wednesday said it has identified over 400 benami transactions and attached properties worth Rs 600 crore in about 240 cases.

The tax department today warned that those who undertake Benami transactions would invite Rigorous Imprisonment (RI) of up to 7 years and such violators would also stand to be charged under the normal I-T Act.

If you allowed others to use your bank account to park others' black money to escape the brunt of demonetisation, you may be in for trouble.