Facts of the Case
The appeals were filed by the Revenue against the order of
the Income Tax Appellate Tribunal (ITAT), which had ruled in favor of the
assessee, Meera Gupta.
The Tribunal observed that no incriminating material
was found during the search proceedings concerning the relevant assessment
years. Additionally, the assessments for these years were already completed
assessments at the time of the search.
The Revenue challenged this finding before the Delhi High
Court, seeking to raise substantial questions of law.
- Whether
additions can be made under Section 153A of the Income Tax Act in
respect of completed assessments when no incriminating material is
found during search proceedings.
- Whether
the ITAT was correct in deleting additions made by the Assessing Officer
in absence of such material.
- The
Revenue contended that the Tribunal erred in deleting the additions.
- It
was argued that the Assessing Officer is empowered to reassess income
under Section 153A irrespective of whether incriminating material was
found.
- The
delay in filing appeals (89 days) was also sought to be condoned, which
the Court allowed.
- The
assessee did not appear before the Court; however, the Tribunal’s findings
supported the position that:
- No
incriminating material was found during the search.
- The
assessments were already concluded.
- Therefore,
no additions could legally be made.
- The
issue is squarely covered by the precedent of
CIT vs Kabul Chawla - The
above judgment has been affirmed by the Supreme Court in
PCIT vs Abhisar Buildwell - Since:
- No
incriminating material was found, and
- The
assessments were already completed,
No addition could be made under Section 153A.
- The
Court concluded that no substantial question of law arose, and
therefore, the appeals were dismissed.
- The
ruling reinforces the settled legal principle that:
In respect of completed/unabated assessments,
additions under Section 153A can only be made if incriminating material
is found during search proceedings.
- This
judgment strengthens the binding nature of:
- Kabul
Chawla (Delhi HC)
- Abhisar
Buildwell (Supreme Court)
- Section
153A – Assessment in case of search or requisition
- Section
143 – Regular assessment provisions
- Section
260A – Appeal to High Court
Link to download the order -https://delhihighcourt.nic.in/app/showFileJudgment/60827072023ITA4032023_120346.pdf
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