Definitions under benami property rules establish cross-referenced meanings for key terms and related enactments. Rule 2 defines the core terms used in the Prohibition of Benami Property Transactions Rules, 2016, including "Act", "Chapter", "Form" and "Section". It ... Summary
Definitions under benami property rules establish cross-referenced meanings for key terms and related enactments.
Rule 2 defines the core terms used in the Prohibition of Benami Property Transactions Rules, 2016, including "Act", "Chapter", "Form" and "Section". It also provides that words and expressions not defined in the rules but defined in specified enactments, including the Indian Trusts Act, Income-tax Act, Prevention of Money-Laundering Act, Limited Liability Partnership Act and Companies Act, have the same meanings assigned in those Acts and their rules.
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