TaxTMI 
TaxTMI 
REWARD TO INFORMERS OF INCOME TAX EVASION
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....EWARD TO INFORMERS OF INCOME TAX EVASION <br>News and Press Release<br>Dated:- 8-9-2007<br><BR>Lok Sabha - 07.09.2007 The details of amount disbursed as reward to informers by the Income Tax Departme....
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....nt during the last three years are as under:- Financial Year Amount in lakhs) i. 2004-05 205.17 ii. 2005-06 164.43 iii. 2006-07 230.72 Payment of Reward is considered "outstanding" only when ....
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....Competent Authority has determined the amount of reward and it is yet to be disbursed. Accordingly, an amount of Rs.1.28 lakhs only is outstanding in a single case. Since the informer is not presently....
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.... traceable in the given address, necessary efforts are being made to disburse the outstanding amount. The existing guidelines of Central Board of Direct Taxes for payment of reward to informers are c....
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....onsidered adequate. This information was given by Minister of State for Finance, Shri S.S. Palanimanickam in reply to a question raised by Shri Abdul Rashid Shaheen in Lok Sabha today.<BR> News - Pre....
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....ss release - PIB....