Benami property secret informers to get reward of 1 crore
According to the official, the information will have to be acute and identity of the informer will be kept secret. The department will never disclose the identity as this could endanger the informer.
Sep 22, 2017, 19:04 PM IST
Hold benami property? Get ready to face 7 years of rigorous imprisonment
The tax department today warned that those who undertake Benami transactions would invite Rigorous Imprisonment (RI) of up to 7 years and such violators would also stand to be charged under the normal I-T Act.
Mar 03, 2017, 12:17 PM IST