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TaxTMI AI Drafter workflow from input facts to final legal draft Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

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Illustrative situations where Informant will not be entitled for reward

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Full Text of the Document

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....c information regarding parties involved /assets generated /transactions entered, etc. and pursuant to such information, investigation conducted by Investigation Directorate leads to detection of undisclosed income, the informant will not be eligible for any reward for the information even if the modus operandi is found to be correct. (ii) In a case where an informant has furnished specif....

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Full Text of the Document

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.... (iv) In a case where an informant has furnished specific information pertaining to undisclosed assets and pursuant to such information, investigation conducted by Investigation Directorate does not lead to detection of the undisclosed assets in respect of which the information was furnished, the informant will not be eligible for any reward even if any other undisclosed asset was detecte....