https://www.taxtmi.com/article/detailed?id=15854 An assessee may apply to the Settlement Commission with a full and true disclosure of income not disclosed to the Assessing Officer, including income discovered by the AO; the Commission may assume jurisdiction only if disclosure and cooperation preconditions are met. The Commission has discretion to grant immunity from prosecution or penalty when satisfied with compliance and cooperation, being the sole judge of the adequacy of evidence, and must consider the Commissioner's report, the applicant's disclosures, and other relevant evidence. en-us Wed, 11 Feb 2026 09:38:41 +0530 Wed, 11 Feb 2026 09:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15854 An assessee may apply to the Settlement Commission with a full and true disclosure of income not disclosed to the Assessing Officer, including income discovered by the AO; the Commission may assume jurisdiction only if disclosure and cooperation preconditions are met. The Commission has discretion to grant immunity from prosecution or penalty when satisfied with compliance and cooperation, being the sole judge of the adequacy of evidence, and must consider the Commissioner's report, the applicant's disclosures, and other relevant evidence. Articles Income Tax Wed, 11 Feb 2026 09:38:41 +0530 https://www.taxtmi.com/article/detailed?id=15854