Conditions required to be fulfilled to be eligible for Final Reward

Ans. A final 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;

c. The benami property has been confiscated under Section 27 of the Act; and

d. Such confiscation has become final in judicial proceedings after the confiscation order is passed. The confiscation shall be deemed to be final if two years have passed from the date of confiscation and there is no litigation pending against such confiscation.