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

Procedure of furnishing information

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... [hereinafter referred to as `JCIT/Addl. CIT (BP)'] having jurisdiction over the place where the benami property is situated. The list of JCsIT/Addl. CsIT (BP) holding jurisdiction over different areas is available in Notification No. 40/2017/F. No.173/429/2016-ITA-I dated 18.5.2017 issued by the CBDT (http://www.incometaxindia.gov.in/communications/notification/notification40_2017.pdf) and a copy .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... gn and submit it to the JCIT/Addl. CIT (BP). (v) If there are more than one benami properties located at different places, the person may give information to any of the JCsIT/Addl. CsIT (BP) having jurisdiction over any of these properties. (vi) Where the person gives information about benami properties to any other Income Tax authority, such other authority shall forward such information and .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... person or by post or by a communication at email id [email protected] with a copy to citinv-cbdt@nic,in for further action. He may take assistance of Income Tax Overseas Units (ITOU) working in Indian missions in some foreign countries in this regard. (ix) A person may give information about more than one benami properties either on one or multiple occasions, but the prescribed form in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hall be restricted to reward under this Scheme only. (x) The informant shall be liable to render assistance as may be required by the JCIT/Addl. CIT (BP) or any other investigating officer to whom the JCIT/Addl. CIT (BP) concerned may assign the investigation into the information given by the informant. (xi) From the time of allotment of Informant Code, the person shall be identified with such .....

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