https://www.taxtmi.com/caselaws?id=761258 Delhi HC dismissed petitioner's claim for reward under Income Tax Informants Reward Scheme, 2018. Court held that information regarding cash deposits and violations of Sections 269SS and 269T was already disclosed in assessment proceedings and examined by AO. The information provided did not constitute undisclosed income or wealth, nor did it lead to detection of substantial tax evasion as required under the scheme. Since the information was already available to tax authorities and reflected in books of account, petitioner failed to meet eligibility criteria for informant reward. en-us Thu, 05 Sep 2024 00:00:00 +0530 Thu, 07 Nov 2024 08:47:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761258 Delhi HC dismissed petitioner's claim for reward under Income Tax Informants Reward Scheme, 2018. Court held that information regarding cash deposits and violations of Sections 269SS and 269T was already disclosed in assessment proceedings and examined by AO. The information provided did not constitute undisclosed income or wealth, nor did it lead to detection of substantial tax evasion as required under the scheme. Since the information was already available to tax authorities and reflected in books of account, petitioner failed to meet eligibility criteria for informant reward. Case-Laws Income Tax Thu, 05 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761258