Facts
of the Case
The
batch of writ petitions, including those filed by M/s Nokia Solutions and
Networks India Pvt. Ltd. (successor of Nokia Siemens Networks India Pvt. Ltd.),
challenged assessment and reassessment proceedings initiated by the Income Tax
Department in the names of entities that had ceased to exist due to
court-approved schemes of amalgamation or arrangement.
In each
case, the amalgamations were duly sanctioned by the National Company Law
Tribunal or the jurisdictional High Courts. The petitioners had also intimated
the Income Tax Department of the mergers. Despite this, statutory notices under
Sections 143(2), 148, and reassessment proceedings pursuant to Section 148A
were issued and continued in the names of the amalgamating entities, rather
than the surviving or resultant companies.
Issues
Involved
Whether
assessment or reassessment proceedings initiated and continued in the name of
an amalgamating company, which had ceased to exist pursuant to a sanctioned
scheme of amalgamation, are legally sustainable, and whether such defects can
be cured under Section 292B or saved by Section 170 of the Income Tax Act,
1961.
Petitioner’s
Arguments
The
petitioners contended that once a scheme of amalgamation is sanctioned, the
amalgamating company stands dissolved by operation of law and ceases to exist
as a juristic person. Any notice or assessment framed in its name is therefore
a nullity.
It was
argued that the issuance of a jurisdictional notice to a non-existent entity
goes to the root of the matter and constitutes a substantive illegality, not a
procedural irregularity. Reliance was placed on the Supreme Court’s decision in
Principal Commissioner of Income Tax v. Maruti Suzuki India Ltd., as
well as Spice Entertainment Ltd., to submit that such defects cannot be
cured under Section 292B, nor can participation by the successor entity confer
jurisdiction.
Respondent’s
Arguments
The
Revenue contended that the failure to issue notices in the name of the
amalgamated entity was a curable defect covered by Section 292B of the Act. It
was further argued that Section 170 of the Act, dealing with succession to
business otherwise than on death, permitted continuation of proceedings against
the successor entity.
Reliance
was also placed on the Supreme Court’s decision in PCIT v. Mahagun Realtors
(P) Ltd. to submit that proceedings should not be invalidated on mere
technicalities, particularly where the successor entity was aware of and had
participated in the proceedings.
Court
Order / Findings
The
Delhi High Court rejected the submissions of the Revenue and held that
assessment and reassessment proceedings initiated in the name of a non-existent
amalgamating company are void ab initio.
The
Court reaffirmed that upon approval of a scheme of amalgamation, the
amalgamating entity ceases to exist in law. Issuance of a jurisdictional notice
in its name constitutes a substantive illegality that strikes at the root of
jurisdiction and cannot be cured by invoking Section 292B.
The
Court distinguished Mahagun Realtors, holding that the said decision
turned on its own facts and did not dilute the binding ratio laid down in Maruti
Suzuki India Ltd. and Spice Entertainment Ltd. The Court further
held that Sections 159 or 170 of the Act do not validate notices issued to a
non-existent entity.
Accordingly,
all impugned assessment and reassessment proceedings initiated in the names of
amalgamating entities were quashed.
Important
Clarification
The
Court clarified that certainty and consistency in tax administration are
fundamental. Once an entity ceases to exist due to amalgamation, all statutory
notices must be issued only in the name of the surviving or resultant entity.
Jurisdictional defects arising from proceedings against non-existent persons or
entities cannot be cured by participation, consent, or curative provisions such
as Section 292B of the Income Tax Act.
Link
to download the order - https://www.mytaxexpert.co.in/uploads/1770194160_MSNOKIASOLUTIONSANDNETWORKSINDIAPVTLTDSUCCESSOROFNOKIASIEMENSNETWORKSINDIAPRIVATELIMITEDVsDEPUTYCOMMISSIONEROFINCOMETAXCIRCLE161ANDANR..pdf
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