https://www.taxtmi.com/article/detailed?id=10652 Criminal proceedings and confiscation under the amended benami regime cannot be applied retrospectively to transactions entered before the Benami Transaction (Prohibition) Amendment Act, 2016. The amended provisions expand the scope of punishable conduct beyond the pre-amendment statute and cannot be used to impose punitive consequences for prior transactions; retrospective confiscation is inconsistent with the principle against ex post facto punishment and with protections against arbitrary penal measures. en-us Tue, 30 Aug 2022 10:19:05 +0530 Tue, 30 Aug 2022 10:19:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10652 Criminal proceedings and confiscation under the amended benami regime cannot be applied retrospectively to transactions entered before the Benami Transaction (Prohibition) Amendment Act, 2016. The amended provisions expand the scope of punishable conduct beyond the pre-amendment statute and cannot be used to impose punitive consequences for prior transactions; retrospective confiscation is inconsistent with the principle against ex post facto punishment and with protections against arbitrary penal measures. Articles Other Topics Tue, 30 Aug 2022 10:19:05 +0530 https://www.taxtmi.com/article/detailed?id=10652