TMI BlogPower of Commissioner to grant immunity from penalty.X X X X Extracts X X X X X X X X Extracts X X X X ..... dings for settlement have abated under section 22HA; and (b) the penalty proceedings have been initiated under this Act. (2) The application to the Commissioner under sub-section (1) shall not be made after the imposition of penalty after abatement. (3) The Commissioner may, subject to such conditions as he may think fit to impose, grant to the person immunity ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d any particulars, material to the assessment, from the wealth-tax authority or had given false evidence, and thereupon such person shall become liable to the imposition of any penalty under this Act to which such person would have been liable, had not such immunity been granted. ] -------------------------- Notes: 1. Inserted by Finance Act, 2008, w.e.f. 1.4.2008. - - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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