Guidelines for Seeking Information from Financial Intelligence Unit-India (FIU-IND) and Confidentiality to be Maintained in Handling Such Information

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..... on under Ministry of Finance and provides information to designated agencies as per the established protocol of sharing of information. Information is provided by FIU-IND under section 66 of the Prevention of Money Laundering Act, 2002. 2. It has been informed by the FIU-IND that it is in receipt of numerous letters and notices under section 133(6) , of Income Tax Act from various field unit .....

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..... ation from FIU-IND for both domestic bank accounts etc. as well as those from foreign countries. Such information may be extremely useful for recovery from bank accounts hitherto unknown to Income Tax Authorities or bringing to tax the transactions that might have been done through undisclosed bank account(s). 5. It is seen that while sending requests to obtain information from FIU-IND a simple .....

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..... in handling and with respect to custody of such information. It should be protected from unauthorized use and proliferation. The information received from FIU-IND, domestic as well as foreign, needs to be treated as intelligence and the same be further developed by the department's own investigation. Accordingly, FIU-IND will not be mentioned as the source of information in any place or occas .....

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