The Prohibition of Benami Property Transactions Act, 1988 (Act 45 of 1988) is a significant legislation aimed at prohibiting benami transactions and providing for the confiscation of benami properties in India. The Act establishes a legal framework for identifying, investigating, adjudicating, and confiscating properties held through benami arrangements, thereby promoting transparency in property ownership and combating tax evasion, money laundering, and illicit asset holdings. This 2026 edition includes the principal Act along with important rules and orders issued under the legislation. Published as a Bare Act with Comments, the book serves as a comprehensive legal reference for understanding benami property law, adjudication mechanisms, enforcement procedures, and regulatory compliance requirements.
Key Features
- Complete text of The Prohibition of Benami Property Transactions Act, 1988 (Act 45 of 1988)
- Includes The Prohibition of Benami Property Transactions Rules, 2016
- Covers The Prohibition of Benami Property Transactions (Removal of Difficulties) Order, 2018
- Includes The Prohibition of Benami Property Transactions (Removal of Difficulties) Second Order, 2018
- Contains The Prohibition of Benami Property Transactions (Conditions of Services of Members of Adjudicating Authority) Rules, 2019
- Covers legal provisions relating to benami transactions and benami properties
- Provides reference on adjudication, attachment, and confiscation proceedings
- Includes Landmark Judgments relevant to benami property law
- Useful for understanding enforcement and compliance requirements
- Published as a Bare Act with Comments