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    <title>Amount of reward, its basis and stages of determination</title>
    <link>https://www.taxtmi.com/acts?id=32403</link>
    <description>The scheme provides two-stage informant rewards-interim and final-payable as percentages of additional taxes directly attributable to information, subject to ceilings. Interim rewards follow statutory determination or investigation detection and must be paid within specified timelines. Final rewards are processed on realization of attributable additional taxes after assessments attain finality or on specified settlement or informant election, with interim payments deductible from the final amount. Combined rewards across overlapping schemes are capped and foreign informants may receive payment through banking channels in rupees or equivalent foreign currency.</description>
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      <title>Amount of reward, its basis and stages of determination</title>
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      <description>The scheme provides two-stage informant rewards-interim and final-payable as percentages of additional taxes directly attributable to information, subject to ceilings. Interim rewards follow statutory determination or investigation detection and must be paid within specified timelines. Final rewards are processed on realization of attributable additional taxes after assessments attain finality or on specified settlement or informant election, with interim payments deductible from the final amount. Combined rewards across overlapping schemes are capped and foreign informants may receive payment through banking channels in rupees or equivalent foreign currency.</description>
      <category>Act-Rules</category>
      <law>Direct Taxes</law>
      <pubDate>Fri, 08 Jun 2018 14:17:09 +0530</pubDate>
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