Amendment status not verified — confirm the current text below against the official source.
(1) Subj ect to such conditions as may be of offences. prescribed, th e Commissioner may, either before or after institution of criminal proceedings under this Act, accept from th e person who has committed or is reasonably suspected of having committed an offence under this Act of the rules made thereunde r, by ~ay of composition of such offence- (a) where the offence consists of the failure to pay, 01- the evasion of, any tax re- coverable under this Act, in ad dition to the tax so recoverable a sum of money not exceeding one thousand rupees or double the amount of the tax recoverable, which- ever is greater; and (b) in an yother case a sum of money not exceeding one thousand rupees in addition to the tax recoverable. -(2) On payment of such sum as may be determined by the Commissioner under sub-section (1), no further proceeding shall be taken against the person concern ed in respect of the same offence. Act V of