Search seizure

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This discussion clarifies the eligibility for applying to the DTVSV 2024 scheme following a search seizure under Section 132/132A of the Income Tax Act. Generally, you cannot apply for DTVSV if a dispute case has been initiated against you, particularly if an assessment procedure started based on a search or seizure. Even if an appeal is pending against an order under Section 147 resulting from such a search, eligibility for DTVSV is denied as per Circular 12/2024.

Divyesh Ajmera

Divyesh Ajmera (Querist)

30 January 2025 If search seizure initiated to other party under section 132/132A then assessment procedure start on basis of same on us then we may apply for DTVSV 2024?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

31 January 2025 You cannot apply DTVSV unless any dispute case initiated on you.

Divyesh Ajmera

Divyesh Ajmera (Querist)

31 January 2025 Order under section 147 has been passed and already made appeal against the same to CIT(A) then?

Nikhil Kaushik

Nikhil Kaushik (Expert)

31 January 2025 refer to this https://incometaxindia.gov.in/news/circular-12-2024.pdf . if the 147 is as a result of a search or seizure, you are not eligible.

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