Section 23
Institution of proceedings and composition of offences.
The Companies (Profits) Surtax Act, 1964
About this Act
An Act to impose a special tax on the profits of certain companies.
(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 1
[Chief Commissioner or Commissioner.]
(2) The 1 [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.
(2) The 1 [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.
Notes
1. Subs. by Act 4 of 1988, s. 187, for "Commissioner" (w.e.f. 1-4-1988).