The government empowered under section 7 of the Prohibition of Benami Property Transactions Act 1988 as amended by Finance Act, 2021, allocated the areas of jurisdiction among the Competent Authorities authorized under sub-section (1) of section 5 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 for the purpose of the said Act.
Jurisdictions are as below:
S. No. |
Name of Competent
Authority |
Jurisdiction |
|
1. |
Competent Authority
Kolkata |
|
ll the cases referred by
Income Tax Authorities* exercising the powers and performing the functions
under the Prohibition of Benami Property Transactions Act, 1988 having
headquarters at Kolkata, Bhubaneshwar, Patna, Guwahati. |
2. |
Competent Authority
Chennai |
All the cases referred by
Income Tax Authorities* exercising the powers and performing the functions
under the Prohibition of Benami Property Transactions Act, 1988 having
headquarters at Bengaluru, Chennai, Kochi, Hyderabad, Panaji. |
|
3. |
Competent Authority New Delhi |
All the cases referred by Income Tax Authorities* exercising the
powers and performing the
functions under the Prohibition of Benami Property Transactions Act, 1988 having headquarters at
Delhi, Bhopal, Raipur, Chandigarh, Ludhiana, Jaipur, Lucknow, Kanpur. |
|
4. |
Competent Authority Mumbai |
All the cases referred by Income Tax Authorities* exercising the
powers and performing the functions under the Prohibition of Benami Property
Transactions Act, 1988 having headquarters at Mumbai, Ahmedabad, Surat, Pune,
Nagpur. |
* The territorial area wise jurisdiction of the respective Income Tax Authorities in this regard will be same as provided for in CBDT Notification No 40/2017/F. No. 173/429/2016-ITA-I dated 18-05-2017 [S.O. 1621(E)] published in Part II, Section 3, Sub-section (ii) of the Gazette of India, Extraordinary.
The work performed by the Competent Authorities authorized under sub-section (1) of section 5 of the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (13 of 1976) in exercise of powers conferred under section 7 of the Prohibition of Benami Property Transactions Act 1988 will be in addition to the work already being performed by the Competent Authorities.
Source: Ministry
of Finance (Department of Revenue) (Competent Authority Cell)
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