https://www.taxtmi.com/acts?id=11051 The Central Government may grant immunity from prosecution and from imposition of penalties under the Code where a person makes a full and true disclosure of circumstances relating to concealment of income or tax evasion, the Government deems it necessary or expedient and records reasons in writing. Tendered and accepted immunity renders the person immune to specified prosecutions and penalties. The Government may withdraw immunity if it finds willful concealment of material particulars, false evidence, or non compliance with tender conditions; following withdrawal the person may be tried for the relevant or connected offences and become liable to penalties under the Code. en-us Thu, 20 Aug 2009 14:17:28 +0530 Thu, 20 Aug 2009 14:17:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11051 The Central Government may grant immunity from prosecution and from imposition of penalties under the Code where a person makes a full and true disclosure of circumstances relating to concealment of income or tax evasion, the Government deems it necessary or expedient and records reasons in writing. Tendered and accepted immunity renders the person immune to specified prosecutions and penalties. The Government may withdraw immunity if it finds willful concealment of material particulars, false evidence, or non compliance with tender conditions; following withdrawal the person may be tried for the relevant or connected offences and become liable to penalties under the Code. Act-Rules Bills Thu, 20 Aug 2009 14:17:28 +0530 https://www.taxtmi.com/acts?id=11051