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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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Is the reward received by the Informant tax-free? |
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Ans. The reward has not been notified for exemption under Section 10(17A)(ii) of the Income-Tax Act, 1961. So, it is not tax-free. |
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