Comprehensive Guide on Benami Law

The publication is a comprehensive guide on complexities surrounding benami law and its jurisprudence in India, providing in-depth analytical and critical analysis of each and every aspect related to Benami Transactions. The book traces the origin, history and evolution of the benami law and paints an impartial picture by including both side’s views carved out of the decisions of the Privy Council and various other Courts. It also covers the problems caused by benami transactions, the judicial recognition given to such transactions, the influence of English Law, both supporting and invalidating statutory provisions relevant to benami transactions. In addition, the book meticulously and methodically includes the observations, opinions and issues deliberated by the Law Commission of India in its related reports, the deficiencies in the 1988 Ordinance & Act, the considered view and recommendations of the Standing Committees to which the Bills of 2011 and 2015 were referred, the objects and reasons for the amendments that were made in the Act as well as the relevant points discussed during the respective parliamentary debates. Further, an in-depth analysis of the provisions of the Act, the Rules, Orders and Notifications issued thereunder alongwith the relevant extracts of the provisions of the Taxation and other allied laws and notifications issued thereunder, is included in a thorough and exhaustive manner with examples and easy to understand charts.