https://www.taxtmi.com/article/detailed?id=14259 Adjudication begins with notice and reply leading to a declaration of benami or not; if declared benami the Adjudicating Authority may confirm attachment and order confiscation, subject to appeal. Confiscation vests absolute title in the Central Government without compensation, with a statutory exception for bona fide purchasers who acquired for adequate consideration before notice and without knowledge. The Authorised Officer must notify registration authorities, post public notices and proclamations, secure movable and immovable assets through deposits, transfers or lockers, and the Administrator must maintain prescribed registers and effect disposal under the tax statute's disposal procedure. en-us Tue, 29 Apr 2025 08:34:50 +0530 Tue, 29 Apr 2025 08:34:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14259 Adjudication begins with notice and reply leading to a declaration of benami or not; if declared benami the Adjudicating Authority may confirm attachment and order confiscation, subject to appeal. Confiscation vests absolute title in the Central Government without compensation, with a statutory exception for bona fide purchasers who acquired for adequate consideration before notice and without knowledge. The Authorised Officer must notify registration authorities, post public notices and proclamations, secure movable and immovable assets through deposits, transfers or lockers, and the Administrator must maintain prescribed registers and effect disposal under the tax statute's disposal procedure. Articles Other Topics Tue, 29 Apr 2025 08:34:50 +0530 https://www.taxtmi.com/article/detailed?id=14259