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Rule 129 of Income Tax Rules 1962: Form of Application(Section 270AA)
Rule 129 : Form of Application under section 270AA
(Part XV : Miscellaneous)
An application to the Assessing Officer to grant immunity from imposition of penalty under section 270A and from initiation of proceedings under section 276C or section 276CC shall be made in Form No.68. Extra Notes for Readers - Rule 129 was introduced by the Income Tax (25th Amendment) Rules, 2016, w.e.f. 1st Apr. 2017