Benami property false information offence carries imprisonment of six months to five years and a fine up to ten percent. Knowingly giving false information or furnishing false documents under the Prohibition of Benami Property Transactions Act is an offence punishable by rigorous imprisonment for not less than six months and up to five years, and a fine which may extend to ten percent of the fair market value of the property, as inserted by the 2016 amendment effective 01-11-2016.