Taxmann's Law Relating toProhibition of Benami Property Transactions Act 1988 covers the following:Section-wise Commentary on Law Relating toProhibition of Benami Property Transactions Act, 1988Ready Reckoner for the following:o[Alphabetical Reckoner] on Benami LawoRelatives in whose names, property can be purchased/held without Benami taint. Covers various FAQs on Law relating toBenami Transactions.The Present Publication is the 4th Edition, as amended by the Finance Act 2021, with the following noteworthy features:Thorough analysis of the Benami LawsComplete understanding of each appellate authority along with their powersPenalty and prosecutions linked with the Benami transactionsSubject index toquickly find out the relevant matterThe detailed contents of the book are as follow:Chapter I - Preliminaryo Short title, extent and commencemento DefinitionsChapter II - Prohibition of Benami Transactionso Prohibition of Benami Transactionso Prohibition of the right torecover property held Benamio Property held Benami liable toconfiscationo Prohibition on re-transfer of property by benamidarChapter III - Authoritieso Adjudication Authorityo Authorities and jurisdictiono Powers of Authoritieso Certain officers toassist in inquiry, etc. o Power tocall for informationo Power of authority toimpound documentso Power of authority toconduct inquiry, etc.Chapter IV - Attachment, Adjudication and Confiscationo Notice and attachment of property involved in benami transactiono Manner of service of noticeo Adjudication of Benami propertyo Confiscation and vesting of Benami propertyo Management of properties confiscationo Possession of the propertyChapter V - Appellate Tribunalo Establishment of Appellate Tribunalo Composition, etc., of Appellate Tribunalo Qualification for appointment of Chairperson and Members of Appellate Tribunalo Terms and condition of services of Chairperson and Members of Appellate Tribunalo Term of office of Chairperson and Memberso Removal of Chairperson and Members from office in certain circumstanceso Vacancies, etc., not toinvalidate proceedings of Appellate Tribunalo Resignation and removalo Member toact as Chairperson in certain circumstanceso Staff of Appellate Tribunalo Procedure and powers of Appellate Tribunalo Distribution of business amongst Benches of Appellate Tribunalo Power of Chairperson of Appellate Tribunal totransfer caseso Decision tobe by majorityo Members, etc., tobe public servantso Bar of jurisdiction of civil courtso Appeals toAppellate Tribunalo Rectification of mistakeso Right torepresentationo Appeal toHigh CourtChapter VI - Special Courtso Special Courtso Application of Code of Criminal Procedure, 1973 toproceedings before Special Courto Appeal and revisionsChapter VII - Offences and Prosecutiono Penalty for Benamitransactiono Penalty for false informationo Penalty for failure tocomply with notices or furnish informationo Proof of entries in records or documentso Previous sanctionChapter VIII - Miscellaneouso Repeal of provision of certain Actso Certain transfers tobe null and voido Exemptiono Power of Central Government toissue directions, etc. o Application of other laws not barredo Offences tobe non-cognizableo Offences by companieso Notice, etc., not be invalid on certain groundo Protection of action taken in good faitho Transfer of pending caseso Proceedings, etc., against legal representativeo Act tohave overriding effecto Power tomake Ruleso Laying of Rules and Notifications before Parliamento Power toremove difficultieso Transitional provisiono Repeal and saving About the Author Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.The Research and Editorial Team is responsible for developing reliable and accurate content for the