Amendment status not verified — confirm the current text below against the official source.
(1) S ubject to such conditions as may be prescribed, the prescribed authority may accept from any person accused of any offence punishable under this Act or the rules made thereunder, by way of composition for such offence, payment of a sum not exceeding double the amount of the tax payable, if any, or a sum of rupees five thousand, whichever is greater. (2) If payment by way of composition is accepted under sub-section Milo further proceedings shall be taken against the accused in respect of the offence compounded.