Section 55
Previous sanction. Repealed
The Prohibition of Benami Property Transactions Act, 1988
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.
No prosecution shall be instituted against any person in respect of any offence under sections 3, 53 or section 54 without the previous sanction of the 1[competent authority].]
2[Explanation.--For the purposes of this section, "competent authority" means a Commissioner, a Director, a Principal Commissioner of Income-tax or a Principal Director of Income-tax as defined in clause (16), clause (21), clause (34B) and clause (34C), respectively, of section 2 of the Income-tax Act, 1961 (43 of 1961).]
2[Explanation.--For the purposes of this section, "competent authority" means a Commissioner, a Director, a Principal Commissioner of Income-tax or a Principal Director of Income-tax as defined in clause (16), clause (21), clause (34B) and clause (34C), respectively, of section 2 of the Income-tax Act, 1961 (43 of 1961).]
Notes
1. Subs. by Act 23 of 2019, s. 180, for "Board" (w.e.f. 1-9-2019).
2. Ins. by s. 180, ibid. (w.e.f. 1-9-2019).
2. Ins. by s. 180, ibid. (w.e.f. 1-9-2019).