Immunity from initiation of proceedings in respect of offence and imposition of penalty in certain cases

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..... 1, grant- (a) immunity from instituting any proceedings in respect of an offence under the Income-tax Act or the Wealth-tax Act, as the case may be; or, (b) immunity from imposition or waiver, as the case may be, of penalty under the Income-tax Act or the Wealth-tax Act, as the case may be, in respect of,- (i) specified tax covered in the declaration under section 199; or (ii) tax arrear covered i .....

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..... r alia, provides (a) the definition of certain expressions relating to declarant , designated authority , disputed income , disputed tax , disputed wealth , specified tax and tax arrear ; (b) the proviso relating to the declaration of tax payable under this Scheme by the declarant; (c) the provisions relating to the particulars to be furnished in the form of declaration; (d) the provisions relatin .....

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