https://www.taxtmi.com/acts?id=6395 The Settlement Commission may grant conditional immunity from prosecution to an applicant who cooperates and makes a full and true disclosure of net wealth and its acquisition; immunity can cover offences under this Act, the Indian Penal Code or other Central Acts and may include relief from penalties, subject to conditions. Immunity is unavailable if prosecution was instituted before the settlement application; for later applications statutory limits exclude immunity for certain offences. Immunity is withdrawn for non payment or non compliance or for concealment or false evidence, after which prosecution and penalties may follow. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 11 Sep 2012 16:36:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6395 The Settlement Commission may grant conditional immunity from prosecution to an applicant who cooperates and makes a full and true disclosure of net wealth and its acquisition; immunity can cover offences under this Act, the Indian Penal Code or other Central Acts and may include relief from penalties, subject to conditions. Immunity is unavailable if prosecution was instituted before the settlement application; for later applications statutory limits exclude immunity for certain offences. Immunity is withdrawn for non payment or non compliance or for concealment or false evidence, after which prosecution and penalties may follow. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6395