WebJun 5, 2024 · Interim reward up to 1% (one percent) of the fair market value, as defined in the Act, of movable property, and circle rate, as defined in this Scheme, of immovable property, provisionally attached under section 24 (4} of the Act may be granted by the competent authority on fulfillment of eligibility conditions under the scheme subject to the … WebJun 1, 2024 · With the objective of obtaining people’s participation in the Income Tax Department’s efforts to unearth black money and reduce tax evasion, a new reward scheme titled “Income Tax Informants Reward Scheme, 2024” has been issued by the Income Tax Department, superseding the earlier reward scheme issued in 2007. Under the revised …
NEW REWARD SCHEME FOR INFORMERS - LinkedIn
WebJun 1, 2024 · Under the revised scheme, a person can get reward up to Rs. 50 lakh for giving specific information in prescribed manner to the designated officers of Investigation Directorates in Income Tax Department about substantial evasion of tax on income or … WebApr 24, 2024 · By Taxscan Team - On April 24, 2024 10:25 pm - 2 mins read. The Central Board of Direct Taxes (CBDT) has recently announced a new scheme called Income Tax Informants Rewards Scheme 2024 through which the department will reward upto 5 crore rupees to informants. The scheme announced by the CBDT regulates grant and payment … population of countries quiz
Reward to Informants – Revised Income Tax Informants Reward Scheme, 2024
WebApr 23, 2024 · “Income Tax Informant Reward Scheme,2024” in case of Complainant regarding tax evasion or Undisclosed foreign Income Salient Feature of the Scheme A reward up to Rs. Five crore (Rs. 5 crore) can be … WebThe Income Tax department’s Informant Reward Scheme, 2024 is open for common people to report to the IT department... You can earn a reward of up to Rs 5 crore! WebJun 1, 2024 · This reward scheme is aimed at encouraging people to give information about benami transactions and properties as well as income earned on such properties by such hidden investors and beneficial owners. Under the Benami Transactions Informants Reward Scheme, 2024, a person can get reward upto Rs. population of countries map