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<h1>Wealth Tax Act 1957: Offence Prosecutions Need Commissioner Approval; Chief Commissioner Can Compound Offences Pre/Post Proceedings</h1> Under the Wealth Tax Act, 1957, prosecutions for offences require prior approval from the Commissioner or Commissioner (Appeals). The Chief Commissioner or Director General can provide instructions for initiating proceedings. Offences may be compounded by the Chief Commissioner or Director General, either before or after proceedings commence. The Board has the authority to issue instructions to wealth-tax authorities, including obtaining prior approval for proper offence composition. These provisions ensure that prosecutions and compounding of offences are conducted with oversight and adherence to established guidelines.