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Benami Property Act 2016: Confiscation Rules Apply to Transactions Before November 1, 2016.

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Full Text of the Document

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....Prohibition of Benami Property Transactions Act - Scope of amended Act of 2016 - whether the provisions of the Act of 1988 providing for confiscation of properties found to be 'Benami' could be applied in respect of the transactions carried out prior to 01.11.2016? - Held Yes....

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