Facts of the
Case
The petitioner challenged the validity of the order
passed under Section 148A(d) and notice issued under Section 148 for Assessment
Year 2015–16. The primary grievance was that the reassessment proceedings were
conducted using a deactivated PAN, whereas all financial transactions
and tax compliances had been duly undertaken under the correct and active PAN.
The petitioner had previously informed the department regarding surrender and deactivation of the incorrect PAN in 2017 and continued to communicate the same, including as recently as April 2022.
Issues
Involved
- Whether reassessment proceedings initiated on a deactivated PAN
are legally sustainable.
- Whether failure to consider replies filed by the assessee
invalidates proceedings under Section 148A.
- Whether the principles of natural justice were violated in reassessment proceedings.
Petitioner’s
Arguments
- The proceedings were conducted on a non-existent (deactivated)
PAN, rendering them invalid.
- All income and transactions were fully disclosed under the correct
PAN; hence, no income had escaped assessment.
- The department had been repeatedly informed about the deactivation
of the incorrect PAN.
- Replies had already been filed during proceedings under Section 142(1), which were ignored.
Respondent’s
Arguments
- The assessee allegedly failed to respond adequately on merits
during reassessment proceedings.
- Based on available information, income amounting to ₹12,06,84,903/- was determined as having escaped assessment, particularly relating to stock and import entries.
Court
Findings / Order
- The Delhi High Court held that interest of justice required
granting an opportunity to the petitioner to respond properly.
- The impugned order under Section 148A(d) and notice under Section
148 were set aside.
- The petitioner was permitted to file a supplementary reply
within four weeks.
- The Assessing Officer was directed to pass a fresh order within
eight weeks thereafter in accordance with law.
- The Court further directed that since proceedings were conducted on a deactivated PAN, the Assessing Officer must accept replies via email or hard copy.
Important
Clarification by Court
- The Court expressly clarified that it did not adjudicate on the
merits of the case.
- All rights and contentions of both parties were kept open for reconsideration.
Sections
Involved
- Section 148, Income Tax Act, 1961
- Section 148A(b), Income Tax Act, 1961
- Section 148A(d), Income Tax Act, 1961
- Section 142(1), Income Tax Act, 1961
Link to download the
order -https://delhihighcourt.nic.in/app/showFileJudgment/MMH21112022CW159822022_192710.pdf
Disclaimer
This content is shared strictly for general information and knowledge purposes only. Readers should independently verify the information from reliable sources. It is not intended to provide legal, professional, or advisory guidance. The author and the organisation disclaim all liability arising from the use of this content. The material has been prepared with the assistance of AI tools.
0 Comments
Leave a Comment