Interim reward payment timeframe: authorities must endeavour to pay promptly after assessment completion or report forwarding. Reward granting authorities must endeavour to pay the interim reward within a short period after the triggering administrative action: for undisclosed ... Summary
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
Interim reward payment timeframe: authorities must endeavour to pay promptly after assessment completion or report forwarding.
Reward granting authorities must endeavour to pay the interim reward within a short period after the triggering administrative action: for undisclosed foreign income/assets, from completion of relevant assessments under the Black Money Act; and for undisclosed income/assets under the Income tax Act, from forwarding of the final investigation report by the Investigation Directorate to the Assessing Officer.
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