Facts of the
Case
This writ petition formed part of a large batch of
matters challenging assessment and reassessment proceedings initiated by the
Income Tax Department in the name of entities that had ceased to exist pursuant
to approved schemes of amalgamation.
In the case of Qualcomm India Pvt. Ltd., the
petitioner was the successor entity after merger of CSR Technology India Pvt.
Ltd. The scheme of amalgamation had been duly approved by the competent
authority and the factum of merger was intimated to the Income Tax Department.
Despite being informed of the amalgamation, the
Revenue issued notices and continued assessment and reassessment proceedings in
the name of the amalgamating (non-existent) entity. The petitioner challenged
the validity of such proceedings on the ground that an entity which had ceased
to exist in law could not be subjected to assessment or reassessment.
Issues
Involved
Whether assessment or
reassessment proceedings initiated in the name of an amalgamating entity are
valid in law.
Whether issuance of notices to a non-existent
entity constitutes a jurisdictional defect.
Whether such defects can be cured
by invoking Section 292B of the Income-tax Act, 1961.
Whether participation of the
successor entity in proceedings cures the illegality.
Petitioner’s
Arguments
The petitioner contended that upon approval of the
scheme of amalgamation, the amalgamating company stood dissolved by operation
of law and ceased to exist as a juristic person. Consequently, any notice or
order issued in its name was a nullity.
It was argued that the issue stood conclusively
settled by the Supreme Court in Principal Commissioner of Income Tax v.
Maruti Suzuki India Ltd. and Spice Entertainment Ltd., wherein it
was held that assessments framed in the name of non-existent entities are void
ab initio and cannot be cured under Section 292B.
The petitioner further submitted that mere
participation in proceedings does not confer jurisdiction on the Assessing
Officer.
Respondent’s
Arguments
The Revenue argued that the defect, if any, was
merely procedural and curable under Section 292B of the Act. It was contended
that the intention of the Department was always to assess the correct taxable
entity and that no prejudice was caused to the petitioner.
Reliance was placed on the decision in Skylight
Hospitality LLP to submit that wrong description of the assessee was a
curable defect.
Court Order
/ Findings
The Delhi High Court allowed the writ petition and
quashed the impugned assessment and reassessment proceedings. The Court held
that:
Upon amalgamation, the transferor
company ceases to exist in the eyes of law.
Issuance of notices or passing of
orders in the name of a non-existent entity is a substantive jurisdictional
defect.
Such defect is not a procedural
irregularity and cannot be cured by invoking Section 292B of the Act.
Participation of the successor
entity does not validate proceedings initiated without jurisdiction.
The Court distinguished Skylight Hospitality LLP
on facts and reaffirmed that the governing principle is laid down in Maruti
Suzuki and Spice Entertainment.
Important
Clarification
This judgment authoritatively reiterates that:
Assessment or reassessment
proceedings against a non-existent (amalgamating) entity are void ab initio.
Section 292B cannot cure jurisdictional
defects arising from lack of a valid assessee.
Revenue authorities are
duty-bound to substitute the successor entity once amalgamation is intimated.
Consistency and certainty in tax
administration require strict adherence to settled law.
The decision significantly strengthens taxpayer
protection in cases of corporate restructuring and amalgamation.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1770194896_QUALCOMMINDIAPVT.LTD.AFTERMERGEROFCSRTECHNOLOGYINDIAPRIVATELIMITED.VsASSISTANTCOMMISSIONEROFINCOMETAXCIRCLE191ORS..pdf
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