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What is benami transfers?

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What is benami transfers?

Posted by Madhu Chandora 5 years, 10 months ago

CBSE > Class 12 > Sociology

1 answers

Armaan Singla 5 years, 9 months ago

An Act to prohibit benami transactions and the right to recover property held benami and for matters connected therewith or incidental thereto. ... The act defines a 'benami' transaction as any transaction in which property is transferred to one person for consideration paid by another person

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