Section 54

Penalty for false information. Repealed

The Prohibition of Benami Property Transactions Act, 1988

  • Act 45 of 1988
  • Ministry of Finance
  • Department of Revenue
About this Act

An Act to prohibit benami transactions and the right to recover property held benami and for matters connected therewith or incidental thereto.

All sections
    1[54. Penalty for false information.--Any person who is required to furnish information under this Act knowingly gives false information to any authority or furnishes any false document in any proceeding under this Act, shall be punishable with rigorous imprisonment for a term which shall not be less than six months but which may extend to five years and shall also be liable to fine which may extend to ten per cent. of the fair market value of the property.]

Notes

1. Ins. by s. 9, ibid. (w.e.f. 1-11-2016).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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