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Benami Property

Tax avoidance frauds: Income Tax Department dishing out rewards of up to Rs 5 crore to informants 2 min read

Income Tax

Tax avoidance frauds: Income Tax Department dishing out rewards of up to Rs 5 crore to informants

Diksha Garg 5 years ago

To back PM’s step against black money and tax elusion, the central government replaced the 2007 version of the Income Tax Informants Reward Scheme with... Read More

Benami Transactions Informants Reward Scheme 5 min read

Income Tax

Benami Transactions Informants Reward Scheme

Diksha Garg 6 years ago

Under the Scheme, an informant can be provided interim and the final reward only the competent authority. The interim reward will be granted if the informant has provided the specific information pertaining to the Benami property in the format prescribed in Annexure-A and has received an Informant code as well. ... Read More