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What is a ‘benami’ transaction or ‘benami’ property, we often hear this word in news paper and in media reports?

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What is a ‘benami’ transaction or ‘benami’ property, we often hear this word in news paper and in media reports?
posted Aug 1, 2016 by Amit Kumar Pandey

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When you buy a property in the name of fictitious person(institution) it is called benami property similarly a transaction between a fictitious person(institution) and a real person is called benami Transaction. Remember religious bodies and deities are not fictitious person(institution).

answer Aug 3, 2016 by Salil Agrawal
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