" WHAT IS BENAMI PROPERTY ?." PLZ EXPLAIN IN SIMPLE LANGUAGE
H. S. Thukral (Lawyer) 03 August 2011
Where a person buys property with his own money, but in the name of another person or buys property in his own name but subsequently transfers it into the name of another person without any intention in either case to benefit such other person, the transaction is called 'benami' and the person in whose name the transaction is effected is called 'benamidar'.
Raj Kumar Makkad (Adv P & H High Court Chandigarh) 03 August 2011
raj kumar ji (LAW STUDENT ) 04 August 2011
makkad sir plz explain in simple language .
thukral sir thanks to reply