https://www.taxtmi.com/article/detailed?id=13944 The law prohibits benami transactions, defined where property is held by one person though consideration is paid by another and held for the benefit of the payer, with specified familial and fiduciary exceptions and exclusions for certain part performance transfers. A defined enforcement architecture-Initiating Officer, Approving Authority, Administrator and Adjudicating Authority-exercises Civil Procedure Code-style powers for discovery, summons, compelled production, affidavit evidence and commissions; authorities may call for information, impound and retain documents for prescribed periods with supervisory approval, and conduct inquiries following required approval. en-us Fri, 28 Mar 2025 08:32:42 +0530 Fri, 28 Mar 2025 08:32:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13944 The law prohibits benami transactions, defined where property is held by one person though consideration is paid by another and held for the benefit of the payer, with specified familial and fiduciary exceptions and exclusions for certain part performance transfers. A defined enforcement architecture-Initiating Officer, Approving Authority, Administrator and Adjudicating Authority-exercises Civil Procedure Code-style powers for discovery, summons, compelled production, affidavit evidence and commissions; authorities may call for information, impound and retain documents for prescribed periods with supervisory approval, and conduct inquiries following required approval. Articles Other Topics Fri, 28 Mar 2025 08:32:42 +0530 https://www.taxtmi.com/article/detailed?id=13944