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TMI BlogGuidelines for Grant of Reward to Informants leading to Recovery of Irrecoverable Taxes, 2015.X X X X Extracts X X X X X X X X Extracts X X X X ..... been published in the public domain under section 287 of the Income-tax Act, 1961. 1. Short title These guidelines may be called the 'Guidelines for Grant of Rewards to Informants leading to Recovery of Irrecoverable Taxes 2015'. 2. Application of Guidelines (i) These guidelines will regulate the grant and payment of reward to informants who provide specific and credible information of the whereabouts/assets of persons, on or after 31.03.2015, which results in the collection of taxes, penalties, interest or other amounts (hereinafter "tax") already levied under the Income Tax Act, 1961 and the Wealth Tax Act, 1957. Grant and payment of reward for information provided before 31.03.2015 will c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the case of a taxpayer about whom information is given. iv. Reward in accordance with these guidelines is discretionary and will be in the nature of ex-gratia payment which, subject to these guidelines, will be granted in the absolute discretion of the authority competent to grant rewards. No representation or petition against any decision regarding grant of rewards will be entertained from either the informant or any person on his behalf and the outcome of the claim cannot be disputed in Court. v. The reward under these guidelines is in the nature of ex-gratia payments and accordingly, no assignment thereof made by the informants will be recognized. The authority competent to grant rewards may however; grant rew ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... known to the informant but are not in his possession, the informant should describe these documents and identify their location to the best of his ability. iii. The information can be submitted to the jurisdicational Pr.CCIT/CCIT/Pr.CIT of the assesse as mentioned vide publication of his name in public domain or in the office of any other Pr.CCIT/CCIT to the officers designated as nodal officers( not below the rank of Addl/Jt.CIT) for receiving the information. Information received by any other Pr.CCIT/CCIT will be forwarded within 15 days to the jurisdictional Pr.CCIT/CCIT. iv. The jurisdictional Pr.CIT will be act as the Nodal Authority to examine and decide the nature of actionable info ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by him; d) That the provisions of section 182 of the Indian Penal Code have been read by him or explained to him and he is aware that if the information furnished by him is found to be false he would be liable to prosecution; e) That he accepts that the Government is under no obligation to enter into any correspondence regarding the details of any taxes realized as a result of his information and; f) That he accepts that payment of reward is ex-gratia in the absolute discretion of the authority competent to grant rewards and he has no right to dispute the correctness of the decision in any court of law. 8. Circumstances to be kept in view in determining the amount of reward In determining the reward amount, the authority c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rohibition of rewarding in certain cases No reward shall be granted if- i. The informant is a Government servant who furnishes information or evidence obtained by him in the course of his normal duties as a Government Servant. Explanation: A person employed as an employee by the Central or any State or any Union Territory Government or a nationalized bank or any local authority or any public sector undertaking, corporation, body, corporate or establishment, set up or owned by the Central Government or any State Government or any Union Territory Administration shall be deemed to be a Government Servant for the purposes of this paragraph; or ii. The informant is required by law to disclose the information to the Department; or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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