With reference to the Adjudicating Authority and Appellate Tribunal under Prohibition of Benami Prop...........

Indian Polity Tribunals

With reference to the Adjudicating Authority and Appellate Tribunal under Prohibition of Benami Property Transactions Act (PBPT), 1988, consider the following statements:

The Adjudicating Authority and Appellate Tribunal shall sit in the National Capital Territory of Delhi (NCTD).
Employees to Adjudicating Authority and Appellate Tribunal will be provided by diverting employees from the High court of Delhi.

Which of the statements given above is/are correct?

1 only

2 only

Both

None

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Explanation:

Union Cabinet has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act (PBPT), 1988. The Adjudicating Authority and Appellate Tribunal shall sit in the National Capital Territory of Delhi (NCTD). Benches of Adjudicating Authority may sit in Kolkata, Mumbai and Chennai. Employees to Adjudicating Authority (and its 3 benches) and Appellate Tribunal will be provided by diverting employees from the Income Tax Deptt./Central Board of Direct Taxes (CBDT). Hence only statement 1 is correct.