https://www.taxtmi.com/acts?id=3465 Prosecution for specified income-tax offences requires prior sanction of the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner or the appropriate authority; the Principal Chief Commissioner/Chief Commissioner and Principal Director General/Director General may issue directions on institution of proceedings. Certain proceedings are barred where penalties have been reduced or waived. Offences may be compounded by the Principal Chief Commissioner/Chief Commissioner or Principal Director General/Director General. Statements or documents produced before designated authorities remain admissible despite belief in penalty reduction or compounding. The Central Government may notify a scheme to streamline sanctioning and compounding, and the Board may issue related instructions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 12 Aug 2025 11:04:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3465 Prosecution for specified income-tax offences requires prior sanction of the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner or the appropriate authority; the Principal Chief Commissioner/Chief Commissioner and Principal Director General/Director General may issue directions on institution of proceedings. Certain proceedings are barred where penalties have been reduced or waived. Offences may be compounded by the Principal Chief Commissioner/Chief Commissioner or Principal Director General/Director General. Statements or documents produced before designated authorities remain admissible despite belief in penalty reduction or compounding. The Central Government may notify a scheme to streamline sanctioning and compounding, and the Board may issue related instructions. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3465