Informer not to get reward on lack of tax evidence

KARACHI: The tax official said that the Federal Board of Revenue (FBR) has introduced reward for whistleblower in the last year but in the Finance Bill 2017 it is proposed that informers will not be eligible for reward in case of information not supported by evidence.
Section 227B of Income Tax Ordinance 2001, empowered FBR to sanction reward to whistleblowers in case of concealment or evasion of income tax, fraud, corruption or misconduct providing credible information leading to such detection of tax.
The section further provides certain conditions whereby the claim of reward by the whistleblower shall be rejected.
The bill introduces another condition by virtue of which the claim for reward by a whistleblower shall be rejected where the information provided by him is not supported by evidence.

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