Power of Settlement Commission to grant immunity from prosecution and penalty

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ction 32E has co-operated with the Settlement Commission in the proceedings before it and has made a full and true disclosure of his duty liability, grant to such person, subject to such conditions as it may think fit to impose, immunity from prosecution for any offence under this Act ^1[and also either wholly or in part from the imposition of any penalty and fine] under this Act, with respect to ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hdrawn by the Settlement Commission, if it is satisfied that such person had, in the course of the settlement proceedings, concealed any particular material to the settlement or had given false evidence, and thereupon such person may be tried for the offence with respect to which the immunity was granted or for any other offence of which he appears to have been guilty in connection with the settle....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bstituted by Finance Act  2007 with effect from 1st day of June, 2007 2. Has been inserted by Finance Act 2007 with effect from 1st day of June, 2007 3. For the words, "sub-section (7) of section 32F within the time specified in such order or within such further time as may be allowed by the Settlement Commission", the words, "sub-section (5) of section 32F within the time....