https://www.taxtmi.com/caselaws?id=792750 A whistleblower reward received from the US Securities and Exchange Commission was treated as taxable income under the inclusive definition in section 2(24) of the Income-tax Act, 1961. The receipt was not regarded as a gratuitous windfall or capital receipt because the claimant knowingly pursued the complaint, gathered evidence, engaged counsel on a success-fee basis, filed a reward claim, and actively assisted the enforcement process. That conduct established quid pro quo, so the payment arose from a conscious anticipated course of action rather than an unforeseen bounty. The reward was also held outside the exemption in section 10(17A) and taxable under the head income from other sources. en-us Thu, 14 May 2026 00:00:00 +0530 Tue, 02 Jun 2026 14:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792750 A whistleblower reward received from the US Securities and Exchange Commission was treated as taxable income under the inclusive definition in section 2(24) of the Income-tax Act, 1961. The receipt was not regarded as a gratuitous windfall or capital receipt because the claimant knowingly pursued the complaint, gathered evidence, engaged counsel on a success-fee basis, filed a reward claim, and actively assisted the enforcement process. That conduct established quid pro quo, so the payment arose from a conscious anticipated course of action rather than an unforeseen bounty. The reward was also held outside the exemption in section 10(17A) and taxable under the head income from other sources. Case-Laws Income Tax Thu, 14 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792750