Facts of the Case
The
petitioners challenged reassessment proceedings initiated by the Income Tax
Department under the provisions of the Income Tax Act, 1961. The reassessment
notices were issued for relevant assessment years beyond three years from the
end of the assessment year.
The
petitioners contended that the reassessment notices were issued without
obtaining approval from the “specified authority” as mandated under the amended
provisions of the Income Tax Act. The Revenue authorities had obtained approval
from an authority not competent under the applicable statutory framework.
Therefore, the petitioners approached the Delhi High Court challenging the validity of the reassessment notices as well as consequential orders passed under Section 148A(d) of the Act.
Issues Involved
- Whether reassessment
notices issued under Section 148 were valid without obtaining approval
from the “specified authority” as required under Section 151 of the Income
Tax Act.
- Whether reassessment
proceedings initiated after three years from the relevant assessment year
required approval from the competent authority specified under Section
151(ii).
- Whether reassessment
notices issued without proper statutory sanction were liable to be
quashed.
Petitioner’s Arguments
- The reassessment
notices were issued beyond three years from the end of the relevant
assessment year.
- Under Section 151(ii)
of the Income Tax Act, prior approval of the “specified authority” was
mandatory before issuing reassessment notices.
- The approval was taken
from an authority mentioned under Section 151(i), which was not the
competent authority in cases where more than three years had elapsed.
- Therefore, the
initiation of reassessment proceedings was without jurisdiction and liable
to be quashed.
Respondent’s Arguments
- The reassessment
notices were issued in accordance with the statutory framework under the
Income Tax Act.
- Necessary approvals
had been obtained before issuance of the notices.
- The reassessment proceedings were valid and within the scope of the powers granted to the assessing authorities.
Court Findings
- Section 151 clearly
specifies the competent authority whose approval is necessary before
issuing reassessment notices.
- Where reassessment
proceedings are initiated after the expiry of three years from the end of
the relevant assessment year, approval must be obtained from the authority
specified under Section 151(ii).
- In the present case, the approval was obtained from an authority specified under Section 151(i), which was not the competent authority for cases beyond three years.
Court Order
- The reassessment
notices and consequential orders were invalid due to the absence of
approval from the competent specified authority.
- Consequently, the
impugned notices issued under Section 148 and orders passed under Section
148A(d) were quashed.
Important Clarification by the Court
- Approval from the
specified authority under Section 151 is a mandatory jurisdictional
requirement.
- Where the approval is
obtained from an incorrect authority, the entire reassessment proceedings
become invalid.
- Compliance with statutory approval requirements cannot be treated as a procedural irregularity.
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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