<s>[INST] What is the quantum of interim reward for information of undisclosed income/assets liable under the Income Tax Act, 1961? [/INST] Interim reward up to 1% of the additional taxes realisable, which is directly attributable to the information furnished by the Informant, on the undisclosed income detected by the Investigation Directorate under the Income-tax Act, 1961, may be granted subject to a ceiling of Rs. 10 lakhs to an informant for the information given at a time in a single Annexure- A form when the competent authority is satisfied that the additional taxes on the income detected are likely to be recovered.

Where specific information of unaccounted/undisclosed cash is given by the Informant, which leads to seizure of the cash exceeding Rs. 1 crore as undisclosed income/asset during search & seizure action under Section 132 of the Income-tax Act, 1961, the ceiling of interim reward shall be Rs. 15 lakhs even though the rate will be same at 1% as specified above.​ </s>