Immunity from proceedings and penalties under Direct Tax Dispute Resolution Scheme grants specified relief to compliant declarants. Clause 202 authorises the designated authority, subject to section 201 conditions, to grant immunity from initiation of proceedings for offences and to grant immunity from imposition or waiver of penalties and waiver of interest under the Income-tax Act and Wealth-tax Act in respect of specified tax declared under the Scheme or tax arrears to the extent penalties or interest exceed specified amounts.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Immunity from proceedings and penalties under Direct Tax Dispute Resolution Scheme grants specified relief to compliant declarants.
Clause 202 authorises the designated authority, subject to section 201 conditions, to grant immunity from initiation of proceedings for offences and to grant immunity from imposition or waiver of penalties and waiver of interest under the Income-tax Act and Wealth-tax Act in respect of specified tax declared under the Scheme or tax arrears to the extent penalties or interest exceed specified amounts.
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