https://www.taxtmi.com/caselaws?id=22060 Immunity from prosecution under section 279(1A) of the Income-tax Act, 1961, depends on satisfaction of the statutory preconditions for reduction or waiver of penalty under section 273A. Where the assessee made a disclosure within fifteen days of search and seizure and the complaint concerned only the disclosed transaction, the court treated the disclosure as a full and true disclosure prior to detection and quashed proceedings for offences under sections 276C and 277. The immunity did not extend to offences outside that provision, so no relief was available for section 278 of the Income-tax Act or for offences under sections 120B and 420 of the Indian Penal Code. en-us Thu, 06 Oct 1988 00:00:00 +0530 Sat, 05 Dec 2009 17:29:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22060 Immunity from prosecution under section 279(1A) of the Income-tax Act, 1961, depends on satisfaction of the statutory preconditions for reduction or waiver of penalty under section 273A. Where the assessee made a disclosure within fifteen days of search and seizure and the complaint concerned only the disclosed transaction, the court treated the disclosure as a full and true disclosure prior to detection and quashed proceedings for offences under sections 276C and 277. The immunity did not extend to offences outside that provision, so no relief was available for section 278 of the Income-tax Act or for offences under sections 120B and 420 of the Indian Penal Code. Case-Laws Income Tax Thu, 06 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22060