A Practical Guide to The Prohibition of Benami Property Transactions Act, 1988

This 3rd Edition, 2024 of A Practical Guide to The Prohibition of Benami Property Transactions Act, 1988 – Along with 300+ FAQs by Sunil Kumar Gupta and Pawan Singh Tomar, with a foreword by Nirmala Sitharaman, serves as a comprehensive and practical reference for legal practitioners, tax professionals, corporate executives, and compliance officers dealing with property transactions and anti-benami law enforcement.

The book presents the complete text of the Prohibition of Benami Property Transactions Act, 1988, along with its Rules, relevant notifications, circulars, and detailed commentary. It explains the legislative intent, procedural framework, and enforcement mechanisms, supplemented with over 300 frequently asked questions for quick clarity on practical issues.

The content spans the full scope of the Benami Property Transactions law, including:

• Objectives, scope, and key definitions under the Act

• Identification and categorisation of benami transactions

• Authorities empowered under the Act and their jurisdiction

• Procedures for attachment, adjudication, and confiscation of benami property

• Appellate mechanisms and judicial review

• Penalties, offences, and prosecution provisions

• Interplay of the Benami law with Income-tax, PMLA, and other statutes

• Practical implications for real estate, corporate, and individual transactions

• Analysis of landmark judgments and case law under the Act

• 300+ FAQs addressing compliance challenges and practical scenarios

This edition is particularly suitable for:

• Legal practitioners specialising in property, tax, and economic offences law

• Chartered accountants, company secretaries, and compliance professionals

• Real estate developers, corporate executives, and financial institutions

• Policymakers and enforcement agencies involved in anti-benami regulation

• Academicians, researchers, and students of law, taxation, and governance

Whether used for litigation, compliance management, property transaction advisory, or academic research, this updated edition delivers the legislative, procedural, and practical understanding of the Prohibition of Benami Property Transactions Act, 1988 and its enforcement in India.