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of <h1>Income Tax Bill 2025: Clause 519 allows immunity for tax evaders making full disclosures, with penalties for non-compliance.</h1> Clause 519 of the Income Tax Bill, 2025, grants the Central Government the authority to offer immunity from prosecution and penalties to individuals involved in concealing income or evading taxes, provided they make a full and true disclosure. This immunity covers offenses under this Act and other applicable Central Acts. If the individual fails to comply with the conditions, conceals information, or provides false evidence, the government can withdraw the immunity, making the person liable for prosecution and penalties. Upon withdrawal, the individual may be tried for the original or related offenses and subjected to penalties under the Act.
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