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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Benami Transactions Informants Reward Scheme, 2018 This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Benami Transactions Informants Reward Scheme, 2018

Conditions required to be fulfilled to be eligible for Interim Reward

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Ans. An interim reward can be granted on fulfilment of the following conditions:

a. The Informant has given specific information about benami property in Annexure-A and obtained the informant code under the scheme;

b. Provided assistance required, if any, by the Addl./JCIT (BP) or any other investigating officer to whom the JCIT/Addl. CIT (BP) concerned may assign the investigation into the information given by the Informant; and

c. Pursuant to such information, the benami property has actually been provisionally attached under Section 24(4) of the Act.

 

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