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<h1>Informant reward taxability: absence of exemption under Income Tax Act renders rewards under Benami scheme taxable.</h1> The reward payable to an informant under the Benami Transactions Informants Reward Scheme, 2018 has not been notified as exempt under Section 10(17A)(ii) of the Income Tax Act, 1961; therefore the reward is to be treated as taxable income and subject to the Act's assessment and deduction provisions.