https://www.taxtmi.com/acts?id=8671 The Commissioner may grant conditional immunity from penalties to a person who applied for settlement and whose settlement proceedings abated, provided the application is made before any penalty is imposed after abatement and the person, after abatement, cooperated with the tax authority and made a full and true disclosure of income and its derivation; such immunity is withdrawable for non compliance with conditions or if the person concealed material particulars or gave false evidence, after which penalties apply as if no immunity had been granted. en-us Thu, 01 May 2008 18:24:40 +0530 Sat, 03 May 2008 12:23:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8671 The Commissioner may grant conditional immunity from penalties to a person who applied for settlement and whose settlement proceedings abated, provided the application is made before any penalty is imposed after abatement and the person, after abatement, cooperated with the tax authority and made a full and true disclosure of income and its derivation; such immunity is withdrawable for non compliance with conditions or if the person concealed material particulars or gave false evidence, after which penalties apply as if no immunity had been granted. Act-Rules F. Acts / Amendment Acts Thu, 01 May 2008 18:24:40 +0530 https://www.taxtmi.com/acts?id=8671