Report No. 57
5.5. Statutory provisions modifying benami.-
Recognising, however, the fact that benami transactions have often been resorted to for dishonest purposes, the Legislature has enacted provisions modifying the doctrine of benami. These provisions are to be found principally in the Code of Civil Procedure1, and in the Income-tax Act.2
1. Section 66, Code of Civil Procedure, 1908.
2. Section 218A, Income-tax Act, 1961 inserted by Act 45 of 1972.