DRC Power to reduce or waive penalty or immunity from prosecution or both - Income Tax - Ready Reckoner - Income Tax

..... who made the application for dispute resolution, waiver of penalty imposable or immunity from prosecution or both, in respect of the order which is the subject matter of resolution, if it satisfied that such person has, Paid the tax due on the retu .....

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DRC Power to reduce or waive penalty or immunity from prosecution or both - Income Tax - Ready Reckoner - Income Tax

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..... have been initiated before the receipt of the application of dispute resolution from the assessee fulfilling the specified conditions. Withdrawal of immunity An immunity granted to a a person would stand withdrawn, if such person fails to comply with .....

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DRC Power to reduce or waive penalty or immunity from prosecution or both - Income Tax - Ready Reckoner - Income Tax

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