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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

Is there any remedy for final reward available to the Informant if the Informant alleges injustice in the decision of the competent authority?

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Ans. In case an informant alleges grave injustice in the decision of the competent authority for final reward due to either non-adherence to the Reward Scheme issued by the Board or due to factual incorrectness, he may file a review petition within one month of receipt of the decision, before the DGIT (lnv.). In such a petition, he has to clearly bring out the basis of the alleged grave injustice with specific reference to the provisions of the Reward Scheme, which have not been followed by the reward committee or instances of factual incorrectness.

No cognizance will be taken of a review petition if it is not mentioned as to which provision of the Reward Scheme was not followed or the instances of factual incorrectness. The DGIT (Inv) shall cause such a petition to be placed before a review committee consisting of:

a. Principal CCIT (CCA) of the region where the reward committee was located;

b. A CCIT nominated by the Principal CCIT (CCA); and

c. DGIT (Inv) concerned.

In case there is no CCIT in the region, the Principal CCIT may nominate a Principal CIT for the review committee. JCIT/Addl. CIT (BP) concerned shall be the Secretary of the committee. The review committee shall examine such grievance, take necessary action and communicate the decision to the Informant, preferably within 3 months of the receipt of the petition.​

 

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