Facts of the Case
The petitioners, including companies, individuals,
and Hindu Undivided Families, had filed their returns of income for Assessment
Years 2016-17 and 2017-18. The
returns were processed under Section
143(1) of the Income Tax Act, 1961.
Subsequently, after the Supreme Court decision in Union
of India v. Ashish Agarwal, the Income Tax Department issued notices under Section 148A(b) alleging that certain
income had escaped assessment.
The assessees submitted replies to the notices.
Thereafter, the Assessing Officer passed orders under Section 148A(d) and issued consequential reassessment notices
under Section 148.
The petitioners challenged these notices before the
Delhi High Court by filing multiple writ petitions. The principal contention
raised was that the reassessment notices and orders were issued without obtaining approval from the
“specified authority” as required under Section 151 of the Income Tax Act.
Issues Involved
- Whether reassessment proceedings initiated under Sections 148A(b), 148A(d) and 148
of the Income Tax Act were valid when approval of the specified authority under Section
151(ii) was not obtained.
- Whether reliance by the Revenue on the Taxation and Other Laws (Relaxation and Amendment of Certain
Provisions) Act, 2020 (TOLA) and CBDT Instruction No. 1/2022 dated 11.05.2022 could override
the statutory requirement under Section 151.
- Whether reassessment notices issued in cases where alleged escaped income exceeded ₹50 lakh could be sustained without proper statutory approval.
Petitioner’s Arguments
- The reassessment proceedings were initiated without approval from the specified authority mandated under Section 151 of the Income Tax Act.
- The approval must be obtained from the authority prescribed in Section 151(ii), and failure to
obtain such approval renders the entire reassessment process invalid.
- Administrative instructions such as CBDT Instruction No. 1/2022 cannot override the statutory
requirement of the Act.
- The notices issued under Section 148A(b) and the subsequent order under Section 148A(d) were therefore without jurisdiction and liable to be quashed.
Respondent’s Arguments
- The reassessment proceedings were validly initiated in view of the
Supreme Court’s decision in Union
of India v. Ashish Agarwal (2023) 1 SCC 617.
- The proceedings were protected by the Taxation and Other Laws (Relaxation and Amendment of Certain
Provisions) Act, 2020 (TOLA).
- The CBDT issued Instruction
No.1 of 2022 dated 11.05.2022, which guided reassessment
proceedings and supported the actions taken by the department.
- It was argued that approval by the specified authority was not mandatory in the manner asserted by the petitioners.
Court Findings
- The statutory framework clearly mandates that prior approval of the specified
authority is required before issuing reassessment notices.
- The argument that such approval was not mandatory was contrary to the provisions of the Income
Tax Act.
- Administrative instructions or reliance on TOLA or CBDT circulars cannot override statutory
requirements.
- Compliance with the approval requirement under Section 151 is a mandatory jurisdictional condition.
Court Order
- The impugned notices issued under Section 148A(b) and Section
148, along with orders passed under Section 148A(d), were set
aside.
- The reassessment proceedings initiated against the petitioners were quashed.
Important Clarification by the Court
- The approval requirement
under Section 151 is mandatory and forms a jurisdictional safeguard
before reopening assessments.
- Administrative circulars or instructions cannot dilute statutory
provisions.
- Any reassessment notice issued without complying with statutory
approval requirements is liable to be invalidated.
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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