What is the quantum of reward if the Informant is eligible for a reward under Income Tax Informants Reward Scheme 2018 and Benami Transactions Informants Reward Scheme 2018?
FAQs on Benami Transactions Informants Reward Scheme, 2018
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Informant reward cap: combined claims under overlapping informant schemes limited to the higher scheme's maximum. When an informant claims rewards under both the Benami Transactions Informants Reward Scheme, 2018 and the Income Tax Informants Reward Scheme, 2018 for substantially the same facts, the total combined reward shall not exceed the maximum permissible amount under either Scheme, whichever is higher; overlapping claims are consolidated and capped at the applicable statutory ceiling.
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.
Informant reward cap: combined claims under overlapping informant schemes limited to the higher scheme's maximum.
When an informant claims rewards under both the Benami Transactions Informants Reward Scheme, 2018 and the Income Tax Informants Reward Scheme, 2018 for substantially the same facts, the total combined reward shall not exceed the maximum permissible amount under either Scheme, whichever is higher; overlapping claims are consolidated and capped at the applicable statutory ceiling.
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