The Prohibition of Benami Property Transactions Act, 1988 with the Benami Transactions (Prohibition) Amendment Act, 2016 (43 of 2016)

The Prohibition of Benami Property Transactions Act, 1988 with the Benami Transactions (Prohibition) Amendment Act, 2016 (43 of 2016) – 9th Edition, 2025 is a definitive statutory and practical guide to one of India’s most significant economic legislation. The book presents the bare Act as amended, accompanied by explanatory notes that clarify legislative intent and operational framework. It comprehensively covers the definition and scope of benami transactions, exceptions, prohibition, attachment, adjudication, confiscation of benami properties, and penal consequences. The book details the roles and powers of Initiating Officers, Adjudicating Authorities, and Appellate Tribunals, making it highly useful for understanding procedural compliance. The updated 9th Edition reflects developments post-2016 Amendment, including enforcement mechanisms, procedural safeguards, and judicial interpretation. The content is structured for easy reference by professionals handling property, taxation, and economic offence matters. Clear presentation and authoritative text make this volume a dependable reference for compliance, litigation, and advisory work. It is especially relevant in the context of government action against black money and undisclosed property holdings.