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of <h1>Tax Authority Sets Rules for Ex-Gratia Rewards to Informants Under Section 287 of Income Tax Act</h1> Guidelines issued by the tax authority regulate the grant of ex-gratia rewards to informants providing specific, credible information leading to recovery of irrecoverable taxes published under section 287 of the Income Tax Act. Applicable from March 31, 2015, rewards up to 10% of the recovered tax, capped at Rs. 15 lakh (subject to relaxation), are discretionary and granted only after finalization of assessments and recovery without pending litigation. Informants must submit verifiable information not previously known to the department, accompanied by a written statement and undertaking acknowledging the discretionary nature of the reward and legal consequences of false information. Rewards are not payable to government employees acting within their official duties or those legally obligated to disclose information. The competent authority, typically the Principal Chief Commissioner or Chief Commissioner, approves rewards, with higher amounts requiring committee sanction. Informant identity is confidential, and records of informants are maintained to assess reliability.
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