https://www.taxtmi.com/caselaws?id=260172 Informant reward under Clause 13.1 of the 1993 guidelines was treated as payable where the supplied information materially led to search, settlement proceedings, and recovery of additional tax. The High Court held that a narrow objection on lack of specificity could not defeat the factual nexus between the information and the revenue realised, so the informant was entitled to the unpaid balance reward after adjustment of sums already paid. It also held that the case merited consideration under the proviso to Clause 13.1 for reward beyond the monetary ceiling, and directed the competent authority to consider reward up to 10% of tax levied and realised. en-us Wed, 13 May 2015 00:00:00 +0530 Thu, 04 Jun 2015 08:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260172 Informant reward under Clause 13.1 of the 1993 guidelines was treated as payable where the supplied information materially led to search, settlement proceedings, and recovery of additional tax. The High Court held that a narrow objection on lack of specificity could not defeat the factual nexus between the information and the revenue realised, so the informant was entitled to the unpaid balance reward after adjustment of sums already paid. It also held that the case merited consideration under the proviso to Clause 13.1 for reward beyond the monetary ceiling, and directed the competent authority to consider reward up to 10% of tax levied and realised. Case-Laws Income Tax Wed, 13 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260172