Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Dispute resolution immunity limits waiver of penalty and prosecution only when tax is paid and cooperation is shown. The Dispute Resolution Committee may grant waiver of penalty imposable, immunity from prosecution, or both, subject to prescribed conditions and reasons recorded in writing, where the applicant has paid the tax due on returned income in full, if available, and has co-operated in the proceedings. No immunity is available if prosecution proceedings were already initiated before receipt of the application. Any granted immunity stands withdrawn on breach of conditions, and the Act then applies as if no waiver or immunity had been granted.
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.
Dispute resolution immunity limits waiver of penalty and prosecution only when tax is paid and cooperation is shown.
The Dispute Resolution Committee may grant waiver of penalty imposable, immunity from prosecution, or both, subject to prescribed conditions and reasons recorded in writing, where the applicant has paid the tax due on returned income in full, if available, and has co-operated in the proceedings. No immunity is available if prosecution proceedings were already initiated before receipt of the application. Any granted immunity stands withdrawn on breach of conditions, and the Act then applies as if no waiver or immunity had been granted.
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