<h1>CBDT Forms Committee to Boost Tax Recovery from Untraceable Individuals, May Use Informants and Publicize Chronic Defaulters.</h1> The Central Board of Direct Taxes (CBDT) has established a committee to address the recovery of income tax demands from individuals classified as 'not traceable' or having 'no assets/inadequate assets for recovery.' The committee, led by a designated chairperson and comprising various members, aims to utilize information from the Financial Intelligence Unit and the Directorate of Income Tax to locate assets and defaulters. It will explore engaging external agencies, propose a reward scheme for informants, and consider publicizing chronic defaulters. The committee is expected to submit its findings within two months to enhance tax recovery efforts.