New Delhi: Delhi High court has issued a notice in a Public interest Litigation (PIL) which sought a direction to the Centre and the Delhi government to link movable and immovable property documents of citizens with their Aadhaar number to curb corruption, black money generation and benami transaction. “As on today, every citizen of our country has an Aadhaar number, asking them to link it to their property documents is a better option. The main advantage of this strategy is that the tax authorities will get details about 'legal owners' immediately. In these cases, the original property documents are kept by the 'original owners' and in most cases, they also keep power of attorney signed by 'legal owners'. Once the Aadhaar linkage happens, tax authorities can approach the 'legal owners' and it can be treated as benami property if the 'legal owners’ are unaware or denies knowledge of the ownership'.

Source: Mint July 17, 2019 07:17 UTC