Amendment status not verified — confirm the current text below against the official source.
"(l) Subject to such conditions as may be pres· cribed, the Commissioner may, either before or after institution of criroin,al proceedings under this Act, accept from the p .~ rson who has committed or is reasonably suspecteJ of having committed au offence under this Act or the rules made thereunder, by way of compo!ition of such offence- (a) Where the offence consists of the failure to pay, or the evasion of, any tax recoverable, under this Act, in addition to the tax so recoverable, a sum of moni:;y not exceeding one thousand . rupees or double the amount of the tax recoverable~ whichever is greater, and (b) in any other case ~ sum of money mt exceeding one thortsarrd rupees m addition to the tax recov c r;~b le.'' Delet_1vnof