Undisclosed income declared not to be treated as benami transaction in certain cases
Section 190 of the Finance Act, 2016 deals with undisclosed income declared not to be treated as benami transaction in certain cases. Undisclosed income declared not to be treated as benami transaction in certain cases. The Act was enacted on 27 Jun 2016.
Undisclosed income declared not to be treated as benami transaction in certain cases.
190. The provisions of the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) shall not apply in respect of the declaration of undisclosed income made in the form of investment in any asset, if the asset existing in the name of a benamidar is transferred to the declarant, being the person who provides the consideration for such asset, or his legal representative, within the period notified* by the Central Government.
* 30-9-2017
Section 190, The Finance Act, 2016.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 190
What does Section 190 of the Finance Act deal with?
Section 190 of the Finance Act is headed "Undisclosed income declared not to be treated as benami transaction in certain cases". Undisclosed income declared not to be treated as benami transaction in certain cases.
How do I find court cases under Section 190 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2016 190, section 190 Finance Act 2016, section 190 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 190 of the Finance Act, and has it changed?
1 other provision in this corpus refers back to it.
When was Section 190 of the Finance Act enacted?
Section 190 of the Finance Act, cited as Finance Act 2016 190, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.
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