Facts of the Case
The petitioner challenged orders dated 28 December 2021 and 24
January 2022 rejecting its applications under Section 270AA(4) of the Income
Tax Act, 1961 seeking immunity from penalty. The petitioner also challenged
notices issued under Section 270A for Assessment Years 2018–19 and 2019–20.
Earlier assessments had treated receipts from IT support
services and software access provided to Indian entities as royalty taxable
under Section 9(1)(vi) and Article 12 of the India-USA DTAA. The Assessing
Officer initiated penalty proceedings on the ground of alleged
under-reporting/misreporting of income.
Issues Involved
- Whether
rejection of immunity under Section 270AA was valid when statutory
conditions were satisfied.
- Whether
penalty proceedings under Section 270A can be sustained without specifying
whether the charge is under-reporting or misreporting.
- Whether
vague show cause notices violate principles of natural justice.
Petitioner’s Arguments
The petitioner contended that it had fulfilled all conditions
prescribed under Section 270AA(1), namely payment of tax and interest and
non-filing of appeal. Therefore, the Assessing Officer was statutorily
obligated to grant immunity unless the case fell within “misreporting” under
Section 270A(9).
It was argued that neither the assessment orders nor the show
cause notices recorded any finding of misreporting as defined in law. The
notices merely alleged “under-reporting/misreporting” without specifying the
applicable limb, rendering them invalid.
The petitioner further submitted that the taxability issue
itself was debatable and later clarified by the Supreme Court in Engineering
Analysis Centre of Excellence Pvt. Ltd., negating any allegation of
deliberate misreporting.
Respondent’s Arguments
The Revenue contended that although the notices used both expressions, the assessment orders made it clear that the case involved misreporting. Therefore, the petitioner had sufficient notice of the charge.
Court Order / Findings
- Under
Section 270AA(3), immunity must be granted if statutory conditions are
satisfied and the case does not involve misreporting under Section
270A(9).
- Under-reporting
and misreporting are distinct legal concepts; only misreporting bars
immunity.
- Neither
the assessment orders nor the notices identified any specific conduct
falling within Section 270A(9).
- Show
cause notices alleging “under-reporting/misreporting” without clarity are
legally defective.
- Natural
justice requires that the assessee be informed of the precise charge to
enable an effective response.
- The
Revenue’s observation that payment of demand does not automatically
entitle immunity misconstrued the statutory scheme.
Important Clarification
The judgment establishes that penalty proceedings must be
founded on precise statutory grounds. Authorities cannot deny immunity or
impose penalties based on vague allegations or interchangeable use of legal
terms.
It also underscores that where taxability of income is a
debatable legal issue, initiation of penalty for misreporting may not be
justified.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1772177226_GECAPITALUSHOLDINGSINCVsDYCOMMISSIONEROFINCOMETAXINTERNATIONALTAXATIONCIRCLE131NEWDELHIANDORS.pdf
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