Direct Tax Dispute Resolution Scheme 2016 Grants Immunity for Certain Offenses and Penalties, Reducing Litigation per Clause 202.

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....DIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Immunity from initiation of proceedings in respect of offence and imposition of penalty in certain cases - Clause 202 of the Bill - Immunity will be provided in respect of an offence and penalty under the Income-tax Act or the Wealth-tax Act,....