Facts of the Case
The matter arose as part of a batch of writ petitions before
the Delhi High Court challenging notices issued under Section 153C of the
Income Tax Act, 1961 to several assessees, including Susheel Jain.
The petitioners contended that the impugned notices sought to
reopen multiple assessment years despite the absence of incriminating material
pertaining to those specific years discovered during the search conducted on
another entity. The proceedings were initiated on the basis of satisfaction
notes recorded by the Assessing Officers of the searched person and the “other
person.”
Issues Involved
- Whether
jurisdiction under Section 153C can be invoked without incriminating
material relating to the specific assessment year.
- Whether
reopening of multiple assessment years is permissible merely because some
material was found during search.
- Whether
absence of a valid satisfaction note vitiates proceedings under Section
153C.
- Distinction
between assessments of searched persons under Section 153A and
non-searched persons under Section 153C.
Petitioner’s Arguments
The petitioners argued that Section 153C applies only when
material seized during search belongs to or pertains to the non-searched person
and has a bearing on determination of income for the relevant assessment year.
It was submitted that discovery of material relating to a
particular year cannot justify reopening of all preceding years. For completed
assessments, reassessment is permissible only on the basis of incriminating
material specific to that year.
The petitioners further contended that in certain cases,
including those of Susheel Jain, satisfaction notes of the Assessing Officer of
the non-searched person were either not supplied or did not exist, thereby
rendering the proceedings without jurisdiction.
Respondent’s Arguments
The Revenue contended that once material relating to a
non-searched person is found during search, proceedings under Section 153C can
be initiated for all assessment years falling within the statutory block
period.
It was argued that the statutory scheme allows reassessment of
total income for multiple years and that the existence of incriminating
material is sufficient to trigger jurisdiction.
Court Order / Findings
- Section
153C proceedings against a non-searched person require existence of
incriminating material discovered during search that pertains to that
person.
- Such
material must have a bearing on determination of income for the specific
assessment year sought to be reopened.
- Discovery
of material relating to one year does not justify reopening of all other
years.
- In
the case of completed assessments, additions can be made only on the basis
of year-specific incriminating material.
- The
absence of a valid satisfaction note or failure to demonstrate nexus
between seized material and the relevant assessment year vitiates
jurisdiction.
- Proceedings
under Section 153C involve an additional jurisdictional threshold compared
to Section 153A and must be strictly construed.
Important Clarification
The judgment reinforces that Section 153C is not a blanket
power to reassess multiple years of a non-searched person merely because a
search occurred elsewhere. Jurisdiction depends on the existence of relevant
incriminating material and a valid satisfaction note establishing nexus with
undisclosed income for the specific assessment year.
This decision significantly strengthens safeguards against
arbitrary search-based assessments of third parties and clarifies the limited
scope of reassessment under Section 153C.
Link to download the order – https://www.mytaxexpert.co.in/uploads/1772256215_SUSHEELJAINVsASSISTANTCOMMISSIONEROFINCOMETAXCENTRALCIRCLE27DELHIANR..pdf
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