Subject to the provisions of section 5, the designated authority shall not institute any proceeding in respect of an offence; or impose or levy any penalty; or charge any interest under the Income-tax Act in respect of tax arrear.
Chapter I — Full Text
Section 5
Immunity from initiation of proceedings in respect of offence and imposition of penalty in certain cases
Printed from Law on Tips • The Direct Tax Vivad Se Vishwas Act, 2020