top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What is a ‘benami’ transaction or ‘benami’ property, we often hear this word in news paper and in media reports?

+1 vote
189 views
What is a ‘benami’ transaction or ‘benami’ property, we often hear this word in news paper and in media reports?
posted Aug 1, 2016 by Amit Kumar Pandey

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

When you buy a property in the name of fictitious person(institution) it is called benami property similarly a transaction between a fictitious person(institution) and a real person is called benami Transaction. Remember religious bodies and deities are not fictitious person(institution).

answer Aug 3, 2016 by Salil Agrawal
...