Home / 
Assessee must accept entire order with penalty and immunity; cannot contest separately under statutory agreement.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Since order passed by the Commission is an agreement in a statutory form, the assessee, having been granted immunity from prosecution, cannot challenge the imposition of penalty only - Order of penalty and prosecution cannot be segregated, either the applicant accepts the order in its entirety or the settlement fails - HC....
TaxTMI