https://www.taxtmi.com/acts?id=53796 Section 270AA is amended to provide that an assessee may seek immunity from penalty under section 270A and from prosecution under section 276C or section 276CC if tax, interest, and any required additional income-tax have been paid, no appeal has been filed, and the application is made within the prescribed time. The Assessing Officer grants the immunity after the statutory conditions are met and after the appeal period expires. No immunity or waiver is available where proceedings have already been initiated under Chapter XXII. en-us Tue, 31 Mar 2026 15:18:15 +0530 Tue, 31 Mar 2026 15:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53796 Section 270AA is amended to provide that an assessee may seek immunity from penalty under section 270A and from prosecution under section 276C or section 276CC if tax, interest, and any required additional income-tax have been paid, no appeal has been filed, and the application is made within the prescribed time. The Assessing Officer grants the immunity after the statutory conditions are met and after the appeal period expires. No immunity or waiver is available where proceedings have already been initiated under Chapter XXII. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:18:15 +0530 https://www.taxtmi.com/acts?id=53796