New Deadlines for Benami Act Section 26(3) Orders: June 30, 2021, Extended to September 30, 2022.
The Central Government, under the authority of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, has modified previous notifications concerning the Prohibition of Benami Property Transaction Act, 1988. The notification specifies that for actions related to orders under section 26(3) of the Benami Act, the deadline for completion is set for June 30, 2021. Additionally, this deadline is extended to September 30, 2022. This amendment aims to provide clarity and extend the time limits for completing specified actions under the Benami Act.
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