Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Prohibition of Benami Property Transactions Act amendments expand procedural timelines and introduce conditioned immunity allowing disclosures.</h1> Amendments to the Prohibition of Benami Property Transactions Act extend and reframe procedural timelines and add a formal immunity mechanism. Notice response and submission periods are lengthened (responses to be furnished within the notice period or up to three months; specified 90day limits replaced by four months; attachmentrelated timelines moved to one month from monthend). A new power permits the Initiating Officer, with prior competent authority sanction, to tender immunity from prosecution to a benamidar or other nonbeneficial person conditioned on full and true disclosure; accepted immunity bars prosecution and penalties to the extent granted, and may be withdrawn if the condition is breached, enabling prosecution thereafter.
TaxTMI 
TaxTMI 
