<h1>Income Tax Department Intensifies Actions Under Benami Act, Attaches Over 900 Properties Worth Rs. 3,500 Crore.</h1> The Income Tax Department has intensified actions under the Prohibition of Benami Property Transactions Act, resulting in the provisional attachment of over 900 properties valued at more than Rs. 3,500 crore. These include land, flats, jewelry, and bank deposits. In five cases, attachments totaling over Rs. 150 crore have been confirmed by the Adjudicating Authority. Notable cases involve a real estate company using benamidars to acquire land worth Rs. 110 crore and individuals depositing demonetized currency into multiple accounts. The Act allows for confiscation of benami properties and prosecution of involved parties, with penalties including imprisonment and fines. The department has established 24 dedicated units to combat such transactions.