Exemption under section 10(17B) affirmed for government rewards tied to VDIS, and departmental instruction is withdrawn and appeals conceded. Reward payments to Central Government officers and staff for the success of the Voluntary Disclosure of Income Scheme are accepted as meeting the terms of section 10(17B) of the Income-tax Act, 1961; Instruction No.1189 dated 26.6.78 is cancelled and all appeals and reference applications on this point may be conceded or withdrawn.
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.
Exemption under section 10(17B) affirmed for government rewards tied to VDIS, and departmental instruction is withdrawn and appeals conceded.
Reward payments to Central Government officers and staff for the success of the Voluntary Disclosure of Income Scheme are accepted as meeting the terms of section 10(17B) of the Income-tax Act, 1961; Instruction No.1189 dated 26.6.78 is cancelled and all appeals and reference applications on this point may be conceded or withdrawn.
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