CBDT vide its notification dated 05/10/2016 has notified form no. 68 under Rule 129 of income tax rule, to apply to Assessing offier for
(i) Immunity from penalty u/s 270A relating to “under reporting and misreporting of income”
(ii) immunity from initiation of proceedings u/s 276C and 276 CC relating to willful attempt to avaid tax
For more details, please refer the attached notification.