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ITSC Entrusted With Power Of Granting Immunity From Penalty And Prosecution Only In Case Of Full And True Disclosure: Delhi High Court

The Delhi High Court has held that the Income Tax Settlement Commission (ITSC) is entrusted with the power to grant immunity from penalty and prosecution only in cases of full and true disclosure.The. ....

Justice Yashwant Varma , Shlok Chandra , Justice Purushaindra Kumar Kaurav , Delhi Development Authority , Income Tax Settlement Commission , Delhi High Court , Income Tax Settlement Commission Procedure , Pankaj Ltd , Income Tax , Income Tax Settlement Commission Procedure Rules , For Petitioner ,