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The Companies (Profits) Surtax Act, 1964

Section 23Institution of proceedings and composition of offences

Read in the full Act
Section 23: Institution of proceedings and composition of offences

23. Institution of proceedings and composition of offences

(1)

A person shall not be proceeded against for an offence under section 20 or section 21 or section 22 or under the Indian Penal Code (45 of 1860) except at the instance of the [Chief Commissioner or Commissioner.]

(2)

The [Chief Commissioner or Commissioner] may, either before or after the institution of proceedings, compound any offence punishable under section 20 or section 21 or section 22.

Amendment notes (1)
  1. Subs w.e.f. 1-4-1988 . Subs. by Act 4 of 1988, s. 187, for "Commissioner" (w.e.f. 1-4-1988).