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Insurers' intermediaries get I-T notices under benami law over alleged fund routing violations

Over the past one week, some companies acting as agents and marketing intermediaries of insurance companies have received notices under the Benami Transactions (Prohibition) Amendment Act, 2016, for allegedly routing funds to sidestep regulations. ....

Jayantilal Thakkar , Rajeshp Shah , Benami Transactions , Amendment Act , Income Tax , Benami Property Act , It Notices , Benami Law , Fund Routing Violations , Income And Service Tax Authorities , Insurance Companies , Service Tax ,