https://www.taxtmi.com/news?id=16509 The Amendment Act redefines key terms and prohibits benami transactions, establishes specialized authorities including Adjudicating Authority and Appellate Tribunal with specified composition and powers, provides for provisional attachment and confiscation of benami property vesting in the Central Government, prescribes procedures for inquiry, notice, appeal and representation, creates Special Courts for offences, and prescribes penalties and exemptions along with rulemaking and transitional provisions. en-us Fri, 12 Aug 2016 14:43:16 +0530 Sat, 29 Apr 2017 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16509 The Amendment Act redefines key terms and prohibits benami transactions, establishes specialized authorities including Adjudicating Authority and Appellate Tribunal with specified composition and powers, provides for provisional attachment and confiscation of benami property vesting in the Central Government, prescribes procedures for inquiry, notice, appeal and representation, creates Special Courts for offences, and prescribes penalties and exemptions along with rulemaking and transitional provisions. News - Fri, 12 Aug 2016 14:43:16 +0530 https://www.taxtmi.com/news?id=16509