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Income Tax - Frequently Asked Questions (FAQs) |
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FAQs on Income tax informants reward scheme, 2018 |
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What is considered an Additional Tax? |
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Ans. Additional taxes means Income-tax and surcharge, if any, which is directly attributable to the information given by the Informant. It, however, does not include interest, cess, penalty and any other levy/fee imposed or imposable under the Income-tax Act, 1961 and/or the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. |
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