Easy Office

Reward Given by Income Tax Department to Informer for Disclosing Undisclosed Income of Assesee

This query is : Resolved 

31 May 2016 Dear Members, Please tell me what is the (Percent) that Income Tax Department pays to Informer for disclosing the relevant facts of Undisclosed Income of Assessee.. On what Amount is the informer paid..i.e. whether on Total Value found undisclosed by ITA or Taxable Value or on Total Tax to be collected by ITA.. Please share your Expert Advice.. Deepak Agarwal

31 May 2016 10% of tax collected based on information, subject to the maximum amount of 15 lacs payable.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries