{"id":33419,"date":"2023-03-27T19:34:06","date_gmt":"2023-03-27T14:04:06","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rajesh-katyal-v-it-department-2023451-itr-455-delhihc\/"},"modified":"2023-03-27T19:34:06","modified_gmt":"2023-03-27T14:04:06","slug":"rajesh-katyal-v-it-department-2023451-itr-455-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rajesh-katyal-v-it-department-2023451-itr-455-delhihc\/","title":{"rendered":"Rajesh Katyal v .IT Department (2023)451 ITR 455 (Delhi)(HC)"},"content":{"rendered":"<p>Held accordingly, allowing the petition, that the benami transactions with respect to purchase of lands by the company AK between the period from 2007 to 2010 and transfer of shares held by the assessee in the company on May 31, 2014 undertaken by the petitioner were entered into prior to November 1, 2016. The notice issued under section 53 of the\u00a0Prohibition of Benami Property Transactions Act, 1988\u00a0as amended by the 2016 Act was quashed.Followed \u00a0UOI\u00a0 v. Ganpati Dealcom Pvt\u00a0 Ltd.\u00a0<a href=\"https:\/\/www.taxlawsonline.com\/%5b2022%5d%20447%20ITR%200108\">(2022) 447 ITR 108<\/a>\u00a0(SC)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benami Property Transactions Act, 1988 <\/p>\n<p>S. 3: Benami Transactions \u2014 Notice in respect of  transactions entered into prior to amendment in 2016 &#8211;  Amendment to have effect only prospectively \u2014 Notice was  quashed[  Benami Transactions (Prohibition) Amendment Act, 2016, S 53 ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33419","post","type-post","status-publish","format-standard","hentry","category-allied-laws"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8H1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=33419"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33419\/revisions"}],"predecessor-version":[{"id":33420,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33419\/revisions\/33420"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=33419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=33419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}