2001 (6) TMI 40

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..... claiming that the information supplied by him directly led to the recovery of Rs.10,00,000 and more towards the income-tax from Sri Rama Corporation and alleging that only a sum Of Rs.56,787 is paid towards the reward whereas under the relevant guidelines issued by the Central Board of Direct Taxes vide its letter F. No. 12/ 22/68-I.T. Inv., dated June 23, 1973, he should have been paid 10 per ce .....

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..... affidavit, even according to the petitioner, the petitioner was paid a total sum of Rs.56,787 towards payment of the reward amount and the balance amount is Rs.1,170. It is respectfully submitted that as per the confidential report dated September 30, 1987, of the Assessing Officer, all the first appeals pending in the group of cases pertaining to Sri Rama Corporation were disposed of by the Comm .....

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..... tax amount that could not be collected was in respect of one of the partners, the late Sri I. S. Rama Rao, who evidently died by that date, in respect of the assessment year 1978-79. It is therefore absolutely incorrect the petitioner's bare averment that the Department realised the tax to the tune of more than Rs.15 lakhs on account of the information provided by him, and the petitioner is put t .....

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