Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Law and Procedure an e-book

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

What are the provisions with respect to the non-disclosure of information regarding the taxpayer/assessee?

  • Contents

Ans. While maintaining the secrecy of the information and Informant, the information received from the Informant can be used by the Income Tax Department for such purposes as are considered appropriate by the Department. The Informant shall not have any right to receive any feedback regarding action taken or outcome achieved in any case. He may get feedback and/or update only about whether his information has been acted upon and, if yes, whether he is likely to get any reward. Accordingly, Directorates General of Income Tax (Investigation), who are exempt from providing information under Section 24 of the Right to Information Act, 2005 read with Second Schedule thereof, shall not be bound to provide any information about the action taken or outcome achieved except as provided in the said Act.

 

Quick Updates:Latest Updates