Facts of the Case
Multiple writ petitions were filed before the Delhi
High Court challenging reassessment proceedings initiated by the Income Tax
Department for Assessment Years 2016-17
and 2017-18.
The petitioners had filed their income tax returns
which were processed under Section
143(1) of the Income Tax Act, 1961. Subsequently, the Income Tax
Department issued notices under Section
148A(b) alleging that certain income had escaped assessment.
After receiving replies from the assessees, the
Assessing Officer passed orders under Section
148A(d) and issued reassessment notices under Section 148.
The petitioners approached the High Court
contending that the reassessment notices and orders were invalid because they
were issued without approval from the
“specified authority” as mandated under Section 151 of the Income Tax Act, 1961.
The reassessment proceedings were also linked to
the directions issued by the Supreme Court in Union of India v. Ashish Agarwal (2023) 1 SCC 617, which allowed
certain reassessment notices issued under the old law to be treated as notices
under Section 148A(b) under the
amended regime.
Issues Involved
- Whether reassessment notices issued under Sections 148 and 148A of the Income Tax Act, 1961 are valid
if they are not approved by the specified
authority under Section 151.
- Whether the approval of the specified authority is mandatory before issuance of
reassessment notices under the amended provisions introduced by the
Finance Act, 2021.
- Whether reliance on Taxation
and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020
(TOLA) and CBDT Instruction
No. 1 of 2022 can justify issuance of such notices without proper
statutory approval.
Petitioner’s Arguments
- The reassessment proceedings were initiated without obtaining approval from the proper “specified authority”
as required under Section 151(ii)
of the Income Tax Act, 1961.
- Under the amended framework introduced by the Finance Act, 2021, approval from
the specified authority is a
mandatory jurisdictional requirement.
- The authorities issuing the approvals were not the authorities prescribed under the statute for the
relevant time period.
- Reliance on TOLA or CBDT Instructions cannot override
the mandatory provisions of the Income Tax Act.
- Therefore, the reassessment notices and orders were legally unsustainable and liable to be
quashed.
Respondent’s Arguments
- The reassessment proceedings were initiated pursuant to the
judgment of the Supreme Court in Union
of India v. Ashish Agarwal (2023) 1 SCC 617.
- The notices were issued in compliance with the framework introduced
by the Supreme Court and CBDT
Instruction No.1/2022 dated 11.05.2022.
- The approval obtained from the concerned authority was sufficient
and the requirement of approval by a specific authority should not
invalidate the reassessment proceedings.
- The department relied upon provisions of TOLA, 2020 to justify the reassessment process.
Court Findings
- The first proviso to
Section 148 clearly requires the Assessing Officer to obtain prior approval from the specified
authority before issuing a reassessment notice.
- Section 151 defines who the
“specified authority” is, depending on the time period involved.
- Where more than three years have elapsed from the end of the
relevant assessment year, approval must be obtained from Principal Chief Commissioner or
equivalent authority.
Court Order
- Approval of the specified authority under Sections 148 and 151 of
the Income Tax Act, 1961 is mandatory.
- Reassessment notices issued without such approval are not legally
sustainable.
- The reassessment proceedings initiated in the batch of petitions
were therefore liable to be set aside.
Important Clarification by the Court
- After the Finance Act, 2021,
the statutory scheme requires strict
compliance with Sections 148, 148A and 151.
- The requirement of approval by the specified authority is not a procedural formality but a
jurisdictional condition.
- Administrative instructions or relaxation laws such as TOLA cannot override the mandatory statutory requirements of the Income Tax Act.
Link to download the order
- https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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