The Benami Transactions (Prohibition ) Act,1988

Author:Sathpal Puliani

Pages:397

Edition: 2017

Book Size: 1/8th Demmy

Binding: Paper Back

Publisher:Karnataka Law Journal Publications

695

In stock

Description

The Benami Transactions (Prohibition ) Act,1988 -The Act prohibits “benami” transactions, where property is held by one person (the benamidar) but paid for by another (the beneficial owner). The true character of the transaction is determined by the intention of the person who provided the money and the surrounding circumstances.