Facts of the Case
The
petitioners, including Twylight Infrastructure Pvt. Ltd. and several other
assessees, filed multiple writ petitions before the Delhi High Court
challenging reassessment proceedings initiated by the Income Tax Department for
various assessment years.
The
reassessment proceedings were initiated through notices issued under Sections
148 and 148A of the Income Tax Act, 1961, alleging that certain income had
escaped assessment.
After
issuance of notices under Section 148A(b), the petitioners submitted replies.
However, the Assessing Officer passed orders under Section 148A(d) concluding
that income had escaped assessment and subsequently issued notices under Section
148 to reopen the assessments.
The
petitioners challenged these notices and consequential proceedings on the
ground that the mandatory statutory procedure under the Income Tax Act had not
been followed, particularly the requirement of obtaining approval from the “specified
authority” under Section 151 of the Act.
Issues Involved
- Whether reassessment
proceedings initiated under Sections 147, 148 and 148A of the Income Tax
Act were valid in law.
- Whether the Assessing
Officer had obtained the mandatory approval of the “specified authority”
under Section 151 before issuing the reassessment notices.
- Whether reassessment
notices issued without proper statutory sanction could sustain in law.
Petitioner’s Arguments
- The reassessment
proceedings were initiated without obtaining approval from the correct
“specified authority” as mandated under Section 151 of the Income Tax Act.
- Where more than three
years had elapsed from the end of the relevant assessment year, approval
must be obtained from a higher authority such as the Principal Chief
Commissioner or Chief Commissioner.
- In the present case,
the approval had been obtained from an authority not competent under the
amended statutory framework.
- Therefore, the notices issued under Sections 148 and 148A(d) and all consequential proceedings were legally unsustainable and liable to be quashed.
Respondent’s Arguments
- The reassessment
proceedings had been initiated on the basis of material indicating that income
chargeable to tax had escaped assessment.
- The Assessing Officer
had followed the procedure prescribed under the reassessment provisions
introduced by the Finance Act, 2021.
- The Department maintained that the approval obtained was sufficient to initiate reassessment proceedings and the notices issued were legally valid.
Court Findings
- Section 151 clearly
specifies which authority must grant approval before issuing reassessment
notices.
- Where more than three
years have elapsed from the end of the relevant assessment year, approval
must be obtained from the Principal Chief Commissioner or Principal
Director General or Chief Commissioner or Director General.
- In the present case,
approval had been obtained from an authority mentioned in Section 151(i)
instead of the competent authority under Section 151(ii).
Court Order
- The impugned notices
issued under Section 148,
- The orders passed
under Section 148A(d), and
- All consequential
reassessment proceedings
Important Clarification by the Court
- Approval from the correct
“specified authority” under Section 151 is a mandatory statutory
requirement before issuing reassessment notices.
- If such approval is
obtained from an incompetent authority, the entire reassessment proceeding
becomes invalid in law.
- The statutory
framework under the reassessment provisions must be strictly complied with.
Sections Involved
- Section 147 – Income
escaping assessment
- Section 148 – Issue of
notice for reassessment
- Section 148A –
Procedure before issuing notice under Section 148
- Section 149 – Time
limit for notice
- Section 151 – Sanction for issue of notice
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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