https://www.taxtmi.com/acts?id=47918 Amendment of section 35 requires previous sanction of the Commissioner or Commissioner (Appeals) before proceeding for an offence, permits the Chief Commissioner or Director General to issue instructions to gift-tax authorities on institution of proceedings, and allows the Chief Commissioner or Director General to compound offences either before or after institution. A new Explanation 2 confirms the Board's power to issue instructions or directions to other gift-tax authorities, including directing them to obtain the Board's prior approval for composition of offences. en-us Mon, 27 Jan 2025 15:01:47 +0530 Mon, 27 Jan 2025 16:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47918 Amendment of section 35 requires previous sanction of the Commissioner or Commissioner (Appeals) before proceeding for an offence, permits the Chief Commissioner or Director General to issue instructions to gift-tax authorities on institution of proceedings, and allows the Chief Commissioner or Director General to compound offences either before or after institution. A new Explanation 2 confirms the Board's power to issue instructions or directions to other gift-tax authorities, including directing them to obtain the Board's prior approval for composition of offences. Act-Rules F. Acts / Amendment Acts Mon, 27 Jan 2025 15:01:47 +0530 https://www.taxtmi.com/acts?id=47918