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Income Tax - Frequently Asked Questions (FAQs) |
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FAQs on Benami Transactions Informants Reward Scheme, 2018 |
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What is “Specific Information” as per the scheme? |
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Ans. The information given by the Informant can be treated as specific information under the scheme only if it includes: a. Verifiable particulars of the benami property; b. Name and address of the person in whose name the property has been acquired (Benamidar); and c. Credible basis, including supporting evidence for the information that the property was actually benami property. |
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