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 originally filed their income tax returns which were processed
under Section 143(1) of the Income Tax Act, 1961. Later, after the decision of
the Supreme Court in Union of India v. Ashish Agarwal, the Income Tax
Department issued notices under Section 148A(b) alleging that certain income
had escaped assessment.
Subsequently,
the Assessing Officer passed orders under Section 148A(d) and issued
reassessment notices under Section 148 of the Income Tax Act.
The
petitioners challenged these notices on the ground that the reassessment
proceedings were initiated without approval from the “specified authority”
required under Section 151(ii) of the Income Tax Act.
Issues Involved
- Whether reassessment
notices issued under Section 148 of the Income Tax Act are valid without
obtaining approval from the specified authority under Section 151(ii).
- Whether the approval
granted by a lower authority instead of the authority prescribed under the
amended provisions of the Act is legally sustainable.
- Whether reassessment
proceedings triggered without such mandatory approval are liable to be
quashed.
Petitioner’s Arguments
- The reassessment
proceedings were initiated after three years from the end of the relevant
assessment year, therefore approval was required from the higher specified
authority under Section 151(ii) of the Income Tax Act.
- The approval for
issuing notice was obtained from Principal Commissioner of Income Tax,
which is not the authority prescribed under Section 151(ii) when the time
period exceeds three years.
- The mandatory
statutory requirement of obtaining approval from the Principal Chief
Commissioner or equivalent authority was not followed.
- Consequently, the
reassessment notices and orders passed under Sections 148A(d) and 148 were
without jurisdiction and invalid in law.
Respondent’s Arguments
- The reassessment
proceedings were validly initiated after following the procedure
prescribed under Sections 148A(b) and 148A(d).
- Reliance was placed on
the Taxation and Other Laws (Relaxation and Amendment of Certain
Provisions) Act, 2020 (TOLA) and CBDT Instruction No. 1/2022.
- It was contended that
approval obtained from the Principal Commissioner was sufficient and the
requirement regarding the specified authority should not invalidate the
reassessment proceedings.
Court Findings
- The first proviso to
Section 148 clearly mandates prior approval from the specified authority
before issuing reassessment notice.
- Section 151 specifies
the rank of authority whose approval is required depending on the time
elapsed from the relevant assessment year.
- If more than three
years have elapsed, approval must be obtained from Principal Chief
Commissioner / Principal Director General / Chief Commissioner / Director
General.
- In the present cases,
approval had been obtained from an authority mentioned under Section
151(i) instead of the authority required under Section 151(ii).
Court Order
- Reassessment notices
and orders issued without approval from the specified authority under
Section 151(ii) are invalid in law.
- Consequently, the
impugned notices and orders issued under Sections 148A(d) and 148 were
quashed.
- However, the Court
granted liberty to the Income Tax Department to initiate fresh
reassessment proceedings in accordance with law.
Important Clarification
- Approval of the
“specified authority” under Section 151 of the Income Tax Act is mandatory
for issuing reassessment notices under Section 148.
- If reassessment
proceedings are initiated after three years from the relevant assessment
year, approval must come from the higher authority prescribed under
Section 151(ii).
- Any reassessment initiated with approval from an incorrect authority is liable to be set aside.
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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