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 Assessing Officer issued notices initiating
reassessment proceedings under the Income Tax Act alleging that income
chargeable to tax had escaped assessment.
The petitioners contended that the reassessment
notices were issued without obtaining mandatory approval from the “specified
authority” as required under the statutory framework of the Income Tax Act.
The reassessment proceedings were initiated
following the Supreme Court’s decision in Union of India v. Ashish Agarwal,
which dealt with the validity of reassessment notices issued during the
transition to the new reassessment regime.
Therefore, the petitioners approached the High
Court seeking quashing of the impugned notices and consequential orders.
Issues Involved
- Whether reassessment notices issued under Section 148 of the Income
Tax Act were valid without obtaining prior approval from the specified
authority under Section 151.
- Whether reassessment proceedings initiated by the Assessing Officer could survive in the absence of statutory approval mandated under the Act.
Petitioner’s Arguments
- The petitioners argued that the reassessment proceedings were void
ab initio because the Assessing Officer failed to obtain approval from the
correct specified authority under Section 151.
- It was contended that where more than three years had elapsed from
the end of the relevant assessment year, approval was required under
Section 151(ii) from a higher authority.
- Instead of obtaining approval from the appropriate authority,
approval had been obtained from an authority contemplated under Section
151(i), which was not legally valid in the circumstances.
- Consequently, the reassessment notices issued under Section 148 and
subsequent orders were legally unsustainable.
Respondent’s Arguments
- The Revenue contended that the reassessment notices were issued
after following the procedure laid down under the reassessment provisions
of the Income Tax Act.
- It argued that approval had been obtained before issuing the
notices and therefore the proceedings were valid.
- The Department also relied upon the reassessment framework implemented after the judgment of the Supreme Court in Union of India v. Ashish Agarwal.
Court Findings
- The statutory scheme requires prior approval from the “specified
authority” before issuance of reassessment notices.
- The authority granting approval must strictly conform to the
authority specified under Section 151 depending upon the time period
involved.
- In the present case, approval had been taken from an authority
mentioned under Section 151(i) whereas approval was required from the
authority specified under Section 151(ii).
- Therefore, the mandatory statutory requirement was not satisfied.
Court Order
- The reassessment notices and consequential orders were invalid in
law due to absence of approval from the specified authority as required
under Section 151(ii).
- Accordingly, the Court quashed the impugned reassessment notices
and orders in the writ petitions.
- However, the Revenue was granted liberty to initiate reassessment
proceedings afresh in accordance with law.
Important Clarification by the Court
- Compliance with Section 151 approval requirements is mandatory for
issuing a notice under Section 148.
- Failure to obtain approval from the correct specified authority
renders reassessment proceedings legally unsustainable.
- The judgment does not prevent the Revenue from initiating fresh proceedings provided statutory conditions are fulfilled.
Link to download the order
- https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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