HC justified action on ‘IAS Officer' even if property was purchased before enactment of Benami Amendment Act, 2016

INCOME TAX/BENAMI ACT : Where investigations and search were conducted prior to commencement of Benami Transactions (Prohibition) Amendment Act, 2016, and alleged benami transactions were also occurred prior to amendment, provisional attachment under Section 24 is certainly permissible under Section 1(3)

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316824/hc-justified-action-on-‘ias-officer-even-if-property-was-purchased-before-enactment-of-benami-amendment-act-2016.aspx