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[Cites 0, Cited by 0] [Section 440] [Entire Act]

Union of India - Subsection

Section 440(3) in The Income Tax Act, 2025

(3)The Assessing Officer, on fulfilment of the conditions as specified in sub-section (1), and after the expiry of the period of filing appeal as specified in section 358(3)(a), shall grant immunity from penalty under section 439 and initiation of proceedings under section 478 or 479.