Prohibition on benami re-transfer: transfers by a benamidar to the beneficial owner or agent are void and ineffective. Re-transfer by the benamidar to the beneficial owner or to any person acting on the beneficial owner's behalf is prohibited and is deemed null and void; ... Summary
Prohibition on benami re-transfer: transfers by a benamidar to the beneficial owner or agent are void and ineffective.
Re-transfer by the benamidar to the beneficial owner or to any person acting on the beneficial owner's behalf is prohibited and is deemed null and void; attempted transfers to avoid consequences such as confiscation have no legal effect.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
