Enquiry or investigation in respect of document/evidence relating to Income Declaration Scheme (IDS), 2016 found during the course of Search u/s 132 or Survey action u/s 133A of the Income-tax Act,1961
September, 02nd 2016
Circular No. 32 of 2016
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
Ground Floor, E-2, ARA Centre,
Jhandewalan Extn. New Delhi-110 055.
Sub: Enquiry or investigation in respect of
document/evidence relating to Income Declaration Scheme
(IDS), 2016 found during the course of Search u/s 132 or
Survey action u/s 133A of the Income-tax Act,1961-
The Income Declaration Scheme, 2016 (hereinafter referred to
as `the Scheme') came into effect on 1st June, 2016. To address
doubts and concerns raised by the stakeholders, the Board has
issued five sets of FAQs vide Circular Nos. 17, 24, 25,27 & 29 of
2016. To allay apprehensions relating to the income/asset declared
under the Scheme vis-à-vis search and survey action by the
Income-tax Department, the following clarification is issued.
2. It is clarified that wherever in the course of search under
section 132 or survey operation under section 133A of Income-tax
Act, 1961, any document is found as a proof for having already filed
a declaration under the Scheme, including acknowledgement issued
by the Income-tax Department for having filed a declaration, no
enquiry would be made by the Income-tax Department in respect of
sources of undisclosed income or investment in movable or
immovable property declared in a valid declaration made in
accordance with the provisions of the Scheme.
(Amit Mohan Mittal)
Under Secretary to the Government of India
1. PS to FM/ OSD to FM/ OSD to MoS(R).
2. PS to Secretary (Revenue).
3. The Chairperson, Members and all other officers in CBDT of
the rank of Under Secretary and above.
4. All Pr. Chief Commissioners/Chief Commissioners/Director
Generals of Income-tax(Inv)/ with a request to circulate
amongst all officers in their regions/ charges.
5. Pr. DGIT (Systems)/ Pr. DGIT (Vigilance)/ Pr. DGIT (Admn.)/
Pr. DG (NADT)/ Pr. DGIT (L&R)/DGIT(I&CI).
6. CIT (M&TP), CBDT.
7. Web manager for posting on the departmental website.