https://www.taxtmi.com/news?id=14858 Amendment defines benami transaction as where property is held by one person but consideration is provided by another and the property benefits the consideration-provider, and lists exceptions including Hindu undivided family holdings from known HUF sources, fiduciary holdings (trustees, executors, partners, directors, depository agents), specified relatives holding with consideration from known personal sources, fictitious-name transactions, undisclosed ownership by ostensible owners, and untraceable or fictitious consideration-providers. en-us Tue, 11 Aug 2015 17:56:31 +0530 Tue, 11 Aug 2015 17:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14858 Amendment defines benami transaction as where property is held by one person but consideration is provided by another and the property benefits the consideration-provider, and lists exceptions including Hindu undivided family holdings from known HUF sources, fiduciary holdings (trustees, executors, partners, directors, depository agents), specified relatives holding with consideration from known personal sources, fictitious-name transactions, undisclosed ownership by ostensible owners, and untraceable or fictitious consideration-providers. News - Tue, 11 Aug 2015 17:56:31 +0530 https://www.taxtmi.com/news?id=14858