Prosecution for contravention of the order restricting the handling of seized assets [Section 275A]
- Nature of Default
During search operations, if it is not practicable to seize any valuable article, thing, book of account or document due to physical constraints, the authorized officer may issue an order directing the person not to remove or deal with such items without prior permission. Contravention of this order constitutes an offence under this section.
- Period of Imprisonment
The offence is punishable with rigorous imprisonment which may extend to 2 years, and shall also be liable to fine.
Immunity from prosecution may be granted by the Principal Commissioner/Commissioner, but it will be withdrawn if the assessee fails to meet the required conditions and according to CBDT guidelines, the offence under this provision is compoundable.