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of <h1>Central Government May Grant Conditional Immunity for Full Disclosure in Income Tax and Related Offences</h1> The Central Government may grant immunity from prosecution and penalties under the Income-tax Act, the Indian Penal Code, or other relevant Central Acts to any person involved in income concealment or tax evasion, provided the person makes a full and truthful disclosure of all related circumstances. This immunity is conditional and, once accepted, protects the individual from prosecution or penalties related to the offence. However, if the person fails to comply with the conditions, conceals information, or provides false evidence, the government can withdraw the immunity, allowing prosecution and penalty imposition for the original or related offences.
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