https://www.taxtmi.com/caselaws?id=338067 The Supreme Court clarified the interpretation of Section 245H(1A) of the Income Tax Act, 1961, regarding immunity from prosecution. The appellant, although missing the original payment deadline, made all payments before filing the appeal, meeting the provision's requirements. The Court emphasized the importance of timely compliance with payment timelines and conditions for maintaining immunity. It was decided that the appellant's actions aligned with the Act, and the appeal was allowed with no order as to costs. The judgment underscores the significance of adhering to settlement terms to retain immunity from prosecution. en-us Fri, 13 Jan 2017 00:00:00 +0530 Fri, 13 Mar 2020 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338067 The Supreme Court clarified the interpretation of Section 245H(1A) of the Income Tax Act, 1961, regarding immunity from prosecution. The appellant, although missing the original payment deadline, made all payments before filing the appeal, meeting the provision's requirements. The Court emphasized the importance of timely compliance with payment timelines and conditions for maintaining immunity. It was decided that the appellant's actions aligned with the Act, and the appeal was allowed with no order as to costs. The judgment underscores the significance of adhering to settlement terms to retain immunity from prosecution. Case-Laws Income Tax Fri, 13 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338067