2003 (3) TMI 32

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..... ge tax evasion in crores of rupees by two groups of firms in pursuance whereof the Income-tax Department could recover substantial tax recovery from the said parties. It is stated in the petition that the income-tax authorities have made payment of Rs. 50,000 each for the said two groups to the petitioner some time in the year 1995 and thereafter a further amount of Rs. 1,00,000 was paid to the pe .....

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..... ard on the basis of information provided by the informants. The above information is thereafter sent to audit. The audit examines and certifies the receipt of payment of taxes in the proforma concerned and thereafter the reward proposal is put up before the concerned authority. The respondents have now filed counter-affidavit dated February 24, 2002, in which it is stated that efforts are being ma .....

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