Case law › Notifications › 2016 › Notification No. 98/2016 [F. No. 149/144/2015-TPL (Part-II)] / S.O. 3289(E)

Notification 25 October 2016

Notification No. 98/2016 [F. No. 149/144/2015-TPL (Part-II)] / S.O. 3289(E)

[To BE Published in the Gazette of INDIA, Extraordinary, Part-ii, section 3, Sub-section (ii)]

What this is

Notification No. 98/2016 [F. No. 149/144/2015-TPL (Part-II)] / S.O. 3289(E) was published on 25 October 2016. Its subject is [To BE Published in the Gazette of INDIA, Extraordinary, Part-ii, section 3, Sub-section (ii)].

What it does

The Central Government, under sub-section (2) of section 1 of the Benami Transaction (Prohibition) Amendment Act, 2016, appoints 1 November 2016 as the date on which the provisions of that Act shall come into force.

Who it reaches

Persons holding or dealing in benami property
Income-tax authorities exercising powers under the amended benami law
Advisers and counsel advising on benami transactions

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.1	s.1
s.3	s.3

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
(CENTRAL BOARD OF DIRECT TAXES)

New Delhi, the 25th October, 2016

NOTIFICATION

S.O. 3289(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Benami Transaction (Prohibition) Amendment Act, 2016 (43 of 2016), the Central Government hereby appoints the 1st day of November, 2016 as the date on which provisions of the said Act shall come into force.

[Notification No. 98/2016/ F. No. 149/144/2015-TPL (Part-II)]

PRAVIN RAWAL, Director (Tax Policy & Legislation)

From when

1 November 2016.

What to watch

The whole of the Benami Transaction (Prohibition) Amendment Act, 2016 is brought into force on a single date, 1 November 2016.
The extract does not carve out any provision from that commencement.
Conduct before 1 November 2016 falls to be judged under the law as it then stood.

Where you meet it

In fixing the date from which the amended benami law, including its attachment and adjudication machinery, applies to a transaction.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 70/2026 [F. No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2768(E) : Infrastructure Sub-sector Businesses Notified under Schedule V — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(ii)] 1 June 2026
Notification No. 17/2023 [F. No. 500/05/2018-FT&TR-III] — Ministry of Finance 6 April 2023
Circular No. 22/2022 — Condonation of delay under section 119 2 b of the income tax act 1961 in filing of form no.10a 1 November 2022
Circular No. 41/2016 — Circular No.41 of 2016 21 December 2016
Notification No. 7/2016 [F.No.173/394/2015-ITA-I] / SO 529(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(ii)] 19 February 2016
Circular 12/2015 — Circular No. 12 of 2015 2 July 2015

← Notification No. 97/2016 [ F. No. 149/144/2015-TPL (Part-II)] / S.O. 3288(E) · Notification No. 100/2016/ F. No. 173/429/2016-ITA-I] / SO 3290(E) →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.