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

TMI Blog

Home

REWARD TO INFORMERS OF INCOME TAX EVASION

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... REWARD TO INFORMERS OF INCOME TAX EVASION
News and Press Release
Dated:- 8-9-2007

Lok Sabha - 07.09.2007 The details of amount disbursed as reward to informers by the Income Tax Departm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent during the last three years are as under:- Financial Year Amount in lakhs) i. 2004-05 205.17 ii. 2005-06 164.43 iii. 2006-07 230.72 Payment of Reward is considered "outstanding" only when .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Competent Authority has determined the amount of reward and it is yet to be disbursed. Accordingly, an amount of Rs.1.28 lakhs only is outstanding in a single case. Since the informer is not presentl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y traceable in the given address, necessary efforts are being made to disburse the outstanding amount. The existing guidelines of Central Board of Direct Taxes for payment of reward to informers are .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... considered adequate. This information was given by Minister of State for Finance, Shri S.S. Palanimanickam in reply to a question raised by Shri Abdul Rashid Shaheen in Lok Sabha today.
News - Pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ess release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates