TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Dispute Resolution Committee can waive penalties or grant immunity under Rule 44DAC and Section 245MA if conditions met.</h1> The Dispute Resolution Committee, under Rule 44DAC of the Income Tax Rules, 1962, can waive penalties or grant immunity from prosecution for applicants under section 245MA of the Act. This is contingent upon the applicant having paid the due tax on returned income and cooperating with the Committee. Immunity is not available if prosecution proceedings began before the application was received. If granted immunity is violated, it is revoked, and the Act's provisions apply as if no immunity was ever granted.
TaxTMI 
TaxTMI 
