Section 518 — Indemnity
Old Act equivalent: Section 290 of IT Act 1961 Sub-part: Chapter XXIII—Miscellaneous
Statutory Text
- Every person deducting, retaining, or paying any tax in pursuance of this Act in respect of an income belonging to another person shall be indemnified for the deduction, retention, or payment thereof. Power to tender immunity from prosecution.
Provisos
None.
Explanations
None.
Tables
None.
Key Structure
- Applies to: Government and officers acting under the Act.
- Conditions: No suit or proceeding for anything done in good faith under the Act.
- Time limits: None.
- Monetary limits: None.
- Exceptions: None.
Cross-References
None identified.
Amendment Notes
None noted from the extracted pages.