Facts of the Case
The petitioners filed their respective 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 decision of the Supreme
Court in Union of India vs Ashish
Agarwal (2023) 1 SCC 617, the Income Tax Department initiated
reassessment proceedings and issued notices under Section 148A(b) of the Income Tax Act.
After considering the replies filed by the
petitioners, the Assessing Officer passed orders under Section 148A(d) and issued consequential reassessment notices
under Section 148 on the ground
that income had escaped assessment.
The petitioners challenged the reassessment
proceedings before the Delhi High Court contending that the notices and orders
were invalid as they were not approved
by the “specified authority” as required under Section 151(ii) of the
Income Tax Act.
Issues Involved
- Whether reassessment notices issued under Sections 148A(d) and 148 of the Income Tax Act are valid when
prior approval of the specified
authority under Section 151(ii) has not been obtained.
- Whether approval granted by an authority specified under Section 151(i) can validate
reassessment proceedings when more
than three years have elapsed from the end of the relevant assessment year
Petitioner’s Arguments
- The reassessment proceedings were initiated without obtaining approval from the correct specified authority
as mandated under Section 151(ii)
of the Income Tax Act.
- Since more than three years
had elapsed from the end of the relevant assessment year, the
approval was required from Principal
Chief Commissioner / Principal Director General / Chief Commissioner /
Director General.
- However, the approval in the present cases was granted by Principal Commissioner, which
falls under Section 151(i)
and not under Section 151(ii).
- Therefore, the reassessment proceedings were without jurisdiction and liable to be
quashed.
- Reliance was placed on the Delhi High Court decision in Ganesh Dass Khanna vs Income Tax Officer
(2023: DHC: 8187-DB).
Respondent’s Arguments
- The Revenue argued that the reassessment proceedings were valid and
relied upon the Taxation and Other
Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 (TOLA).
- It was further argued that CBDT
Instruction No. 1/2022 dated 11.05.2022 permitted issuance of such
notices.
- The Revenue contended that approval obtained from the authority was
sufficient for initiating reassessment proceedings.
Court Findings
- The first proviso to
Section 148 clearly mandates that no notice can be issued without prior approval of the specified
authority.
- Under Section 151,
the specified authority depends upon the time elapsed since the end of the relevant assessment year.
- Where more than three years
have elapsed, approval must be obtained from authorities specified
in Section 151(ii).
- In the present cases, although more than three years had elapsed, approval was obtained from
authorities falling under Section
151(i).
- Such approval is not
legally valid for initiating reassessment proceedings beyond three
years.
Court Order
The Delhi High Court quashed the impugned notices and orders issued under Sections 148A(d) and
148 of the Income Tax Act on the ground that:
- Approval of the specified authority under
Section 151(ii) was not obtained.
However, the Court granted liberty to the Revenue
to initiate fresh reassessment
proceedings in accordance with law, if permissible.
Important Clarification by the Court
- Approval of the specified authority is
mandatory before issuing reassessment notices under
Section 148.
- The authority granting approval must strictly correspond with the time limits prescribed under Section 151
of the Income Tax Act.
- Any reassessment initiated without such approval will be invalid in law.
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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