Payment of informant reward to foreign persons via regular banking channels allowed, in rupees or equivalent dollars with charges deducted. Rewards to a foreign informant are payable through regular banking channels per Reserve Bank guidelines, to a nominated Indian or foreign bank account on written request, in Indian Rupees or equivalent US Dollars at the prevailing exchange rate, with commission or charges for dollar payments deducted from the gross reward.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Payment of informant reward to foreign persons via regular banking channels allowed, in rupees or equivalent dollars with charges deducted.
Rewards to a foreign informant are payable through regular banking channels per Reserve Bank guidelines, to a nominated Indian or foreign bank account on written request, in Indian Rupees or equivalent US Dollars at the prevailing exchange rate, with commission or charges for dollar payments deducted from the gross reward.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
