The director-general of Income Tax moved the Supreme Court alleging that the reward paid to an informer for furnishing information about black money of any taxpayer cannot be claimed as a matter of right.
A Bench headed by Justice SH Kapadia issued notice to one such informer, who had sought higher quantum of reward, the chief commissioner of income tax, the Central Board of Direct Taxes (CBDT) chairman, the Centre (through the I-T) and the directorate of Income Tax Vigilance. It also stayed the Kerala High Court’s decision till further orders.
The department has challenged the high court order that held that quantum of reward to the informer was low on the ground that an assumption that 10% of the tax collected to be paid as reward was, in fact, the upper ceiling and the actual amount had to be decided by the committee for sanction.
Additional solicitor general Mohan Parasaran submitted that reward to an informer was not a payment governed by the Income Tax Act, 1961, but an exgratia payment which cannot be claimed as a legal right. He said the high court erred in holding that 10% of the tax collected had to be paid as reward whereas the fact is that this is the upper ceiling and the actual amount was to be decided as per the ‘Guidelines for Reward to Informants 1993’.
Pursuant to MK Surendram’s furnishing information with regard to the undisclosed income of one NP Santhosh Kumar, the department had conducted a search in March 2003 and determined the income at Rs 1.62 crore and tax payable at around Rs 97 lakh.
Thereafter, the local committee for grant of reward to informants had determined the quantum of award payable to the informant at Rs 2.75 lakh.
Both, the director general of foreign trade, Kochi, and the CBDT chairman had rejected Surendram’s demand for enhancement of reward on the ground that the reward, being an exgratia payment, was subject to the guidelines and granted on the absolute discretion of the authority and the same cannot be claimed by anyone as a matter of right.
I want to inform that near my area one person has sold property in crores has not paid tax, I want to get reward how to inform income tax
I want to give information about some people near my area area . income people who earn lakes of rupees in a month but fail to pay tax to Govt. They are water mafia. They have lots of apartments.
Dear sir
I know black money & property of many cities plz.contact me and rewarded me.
Hardik mehta -:09925077034
i have lot of information about black money persons were i can give to complaint how much time to take action what are the information required how to caluculate the reward amount either recoverd tax or penalty.
Hardik mehta -: 09925077034
dear sir
i also want to give information on black money i was working as a senior accountant with one of the builder pl guide
my contect is 9414779926 Ram
Sir,
I want to know about information formalities to inform to the IT Department.
Please give the reply.
NAWAB
HI Sir,
If i give u the information about black money. So how much reward i would get. send your necessary information in my mail box. I would provide u some black lister names.
dear sir , i can give u more info. about black money. please guide me.. 07827284377
Dont send any information without justifying the address of the person or officer.
Just sent all confidential information only to The Director General of Income Tax(inv.), Delhi Address is : – dgit.inv.delhi@incometax.gov.in
Sir
I m hving lot of information about binami assets, viasion of vat, cst, excise, and i.t and let me know how to proceed all of them are in the satate of telangana and andhra pradesh.
Dear Sir
I have written documents of tax evasion of more than Rs.30 Crore of one company registered in Delhi.
Pls guide me where and how to report to get Reward.
Regards
Pls contact me on-09968255876
provide details of benami assets, bogus share capital.bogus exp and purchase booked of which party,kacha record where found of which type, under or over invoice, service tax and excise evasion and how.list of customer and supplier to whom bill issued without giving goods or vice versa, cash and jewelary whr found and which extent, or as u think better to caught him.mail at dgitdelhi@gmail.com
details of benami assets, bogus share capital.bogus exp and purchase booked of which party,kacha record where found of which type, under or over invoice, service tax and excise evasion and how.list of customer and supplier to whom bill issued without giving goods or vice versa, cash and jewelary whr found and which extent, or as u think better to caught him.mail at dgitdelhi@gmail.com
details of benami assets, bogus share capital.bogus exp and purchase booked of which party,kacha record where found of which type, under or over invoice, service tax and excise evasion and how.list of customer and supplier to whom bill issued without giving goods or vice versa, cash and jewelary whr found and which extent, or as u think better to caught him
dear.sir,
i.want.to.know.that.how.much.rewards.sanction.to.the.informer.by.the.income.tax.department.in.india.and.the.percentage.on.which.amount.they.calculate.rewards.amount.either.on.recovered.tax.or.on.penalty.i.was.working.as.a.senior.accounting.with.one.of.the.builder
pls.guide
my.contact-7779027541
siraram
DEAR SIR
IF YOU HAVE ANY INFORMATION ABOUT INCOME TAX,SERVICE TAX AND EXCISE EAVSION
YOU CAN SEND MAIL AT dgitdelhi@gmail.com . WE ARE NATIONALIST PEOPLE WE SHOULD PROVIDE THE INFORMATION WHO CREATING THE BLACK MONEY WHICH CREAT CORRUPTION
plz contact for info-9425868901
dear sir ,
i can give u more info. about black money.
plz.guide
9336369781
contact me for if u can pay reward , huge amount deal is going on.
Dear Sir,
i have lot of information about black money persons were i can give to complaint how much time to take action what are the information required how to caluculate the reward amount either recoverd tax or penalty.
kindly guide me.
contact:-9951107366
Email:- needsenterprisess@gmail.com
dear sir ,
i can give u more info. about black money.
plz.guife
dear sir
i also want to give information on black money
i was working as a sales manager with one of the dealer
pl guide.
dear sir
i also want to give information on black money
i was working as a senior accountant with one of the builder
pl guide
my contect is 9930386006
samir
Dear Sir,
I want to know that how much reward sanction to the informer by the service tax Department in India and the percentage on which amount they calculate reward amount either on recovered tax or on penalty.
Thanks