The Income-Tax Department has attached a ‘benami’ plot worth Rs 400 crore in Noida belonging to BSP supremo Mayawati’s brother and his wife, an official order said. The order, accessed by PTI, has been issued under section 24(3) of the Prohibition of Benami Property Transactions Act, 1988. The attached asset, considered a ‘benami’ property of Kumar and his wife by the department, measures 28,328.07 square meters or about seven acres, the order said. The department started initiating action under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016 after the Modi government enforced the dormant-lying law from that year. The I-T Department is the nodal department to enforce the Benami Act in the country.

Source: Hindustan Times July 18, 2019 07:18 UTC