Burden of proof as regards the benami nature of transaction was also on the respondent. This aspect...
Benami Transaction
it is necessary to note that the word ‘benami’ is used to denote, two classes of transactions...
The Benami Transactions (Prohibition) Act, 1988 53. Penalty for benami transaction (1)Â Where any person enters into a...
Whoever enters into any benami transaction on and after the date of commencement of the Benami Transactions...