Benami Properties

IT Department Attaches Benami Properties Worth Rs 43 Billion

The Income Tax Department has attached over 1,500 ‘Benami’ properties worth Rs 43 billion in the last one and half years, around the same time as the introduction of the revised benami legislation, a financial daily has reported. According to a report in the Business Standard, Jaipur and Mumbai top the list, each with an attachment of 200 properties. This is followed by Lucknow with an attachment of...

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