https://www.taxtmi.com/acts?id=52037 Prosecution of specified income-tax offences requires prior sanction by designated senior income-tax authorities; these superiors may direct subordinate authorities on institution of proceedings and the Board may issue instructions (including requiring prior Board approval). Certain prosecutions are precluded where penalties for the assessment year were reduced or waived; offences may be compounded by senior officials before or after proceedings, and statements or documents produced in belief of penalty reduction or compounding are admissible in such sanctioned proceedings. en-us Thu, 14 Aug 2025 18:45:57 +0530 Mon, 08 Sep 2025 16:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52037 Prosecution of specified income-tax offences requires prior sanction by designated senior income-tax authorities; these superiors may direct subordinate authorities on institution of proceedings and the Board may issue instructions (including requiring prior Board approval). Certain prosecutions are precluded where penalties for the assessment year were reduced or waived; offences may be compounded by senior officials before or after proceedings, and statements or documents produced in belief of penalty reduction or compounding are admissible in such sanctioned proceedings. Act-Rules Income Tax Thu, 14 Aug 2025 18:45:57 +0530 https://www.taxtmi.com/acts?id=52037