https://www.taxtmi.com/acts?id=40791 The Dispute Resolution Committee may grant waiver of penalty imposable, immunity from prosecution, or both, subject to prescribed conditions and reasons recorded in writing, where the applicant has paid the tax due on returned income in full, if available, and has co-operated in the proceedings. No immunity is available if prosecution proceedings were already initiated before receipt of the application. Any granted immunity stands withdrawn on breach of conditions, and the Act then applies as if no waiver or immunity had been granted. en-us Wed, 06 Apr 2022 10:48:49 +0530 Wed, 20 May 2026 17:31:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40791 The Dispute Resolution Committee may grant waiver of penalty imposable, immunity from prosecution, or both, subject to prescribed conditions and reasons recorded in writing, where the applicant has paid the tax due on returned income in full, if available, and has co-operated in the proceedings. No immunity is available if prosecution proceedings were already initiated before receipt of the application. Any granted immunity stands withdrawn on breach of conditions, and the Act then applies as if no waiver or immunity had been granted. Act-Rules Income Tax Wed, 06 Apr 2022 10:48:49 +0530 https://www.taxtmi.com/acts?id=40791