https://www.taxtmi.com/acts?id=6623 Property that is the subject matter of a benami transaction is liable to confiscation by the Central Government. The amended provision replaces the earlier acquisition-based framework, under which benami property was subject to acquisition by the prescribed authority and no amount was payable for such acquisition. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 20 Jun 2026 10:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6623 Property that is the subject matter of a benami transaction is liable to confiscation by the Central Government. The amended provision replaces the earlier acquisition-based framework, under which benami property was subject to acquisition by the prescribed authority and no amount was payable for such acquisition. Act-Rules Benami Property Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6623