79[Prosecutions to be with the previous sanction of certain wealth-tax
authorities and their power to compound offences.
35-I 80[(1) A person shall not be proceeded against
for an offence under this Act except with the previous sanction of the
Commissioner or Commissioner (Appeals) :
Provided that the
Chief Commissioner or, as the case may be, Director General may issue such
instructions or directions to the aforesaid wealth-tax authorities as he may
deem fit for institution of proceedings under this sub-section.]
(2) Any such offence may, either before or after the institution of
proceedings, be compounded by the Chief Commissioner or a Director General.]]
81[Explanation.—For the removal of doubts, it is hereby declared
that the power of the Board to issue orders, instructions or directions under
this Act shall include and shall be deemed always to have included the power to
issue instructions or directions (including instructions or directions to
obtain the previous approval of the Board) to other wealth-tax authorities for
the proper composition of offences under this section.]