What is the quantum of interim reward for information on undisclosed foreign income/assets liable under the Black Money (Undisclosed Foreign Income and Assets) Act, 2015?

Interim reward for informants: payment when information leads to statutory tax determination and likely recoverable taxes.

Interim reward is payable where information produces statutory determination of undisclosed foreign income/assets under the Black Money Act, 2015. Up to 3% of additional taxes directly attributable to the information, subject to a ceiling of Rs. 50 lakhs, may be granted after completion of assessment proceedings under Section 10(3)/(4), provided the authority is satisfied the assessment is likely to be sustained and the levied taxes are likely to be recovered; the reward pertains to information given in a single Annexure A form.