Facts of the Case
- Multiple
writ petitions were filed challenging reassessment notices issued by the
Income Tax Department.
- The
notices were issued after 01 April 2021, i.e., after the new
reassessment provisions came into force.
- Petitioners
contended that the notices were issued under the old regime,
without following the mandatory procedure under Section 148A.
- The
Revenue relied upon TOLA, 2020, to justify extension of time and
issuance under old provisions.
- Earlier interim orders in similar matters had already granted protection to assessees
Issues Involved
- Whether
reassessment notices issued after 01.04.2021 under the old provisions
of Section 148 are valid?
- Whether
TOLA, 2020 permits continuation of old reassessment provisions
despite statutory amendments?
- Whether the new reassessment regime under the Finance Act, 2021 applies retrospectively to pending actions
Petitioner’s Arguments
- The
impugned notices are void ab initio as they were issued under a
repealed legal framework.
- After
01.04.2021, reassessment must strictly comply with Section 148A
procedure.
- The
amended provisions override previous law; hence, old notices cannot
survive.
- Reliance was placed on earlier Delhi High Court orders granting stay in similar matters
Respondent’s Arguments
- The
Revenue argued that:
- Time
for issuing notices stood extended under TOLA, 2020.
- Notifications
issued under TOLA allow continuation of old reassessment provisions.
- Section 6 of the General Clauses Act preserves the right to initiate proceedings under the old regime.
Court Order / Findings
- The
Delhi High Court held prima facie that:
- The
impugned notices appear inconsistent with the new statutory scheme
introduced by the Finance Act, 2021.
- Once
the law has changed, the procedure prescribed under the amended
provisions must be followed.
- TOLA
cannot override substantive amendments to the Act.
- The Court observed that allowing old procedure would defeat legislative intent.
Important Clarification by the Court
- The
Court clarified that:
- New
law applies to reassessment proceedings initiated after 01.04.2021.
- Notifications
under TOLA cannot revive repealed provisions.
- Section
6 of the General Clauses Act does not apply where a new regime replaces
the old procedure entirely.
Sections Involved
- Section
147 – Income Escaping Assessment
- Section
148 – Issue of Notice for Reassessment
- Section
148A – Procedure for Issuance of Notice (post amendment)
- Section
149 – Time Limit for Notice
- Section
151 – Sanction for Issue of Notice
- Section
6, General Clauses Act, 1897
- Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 (TOLA)
Link to download the order -
https://delhihighcourt.nic.in/app/case_number_pdf/2021:DHC:4493-DB/MMH02092021CW93302021_163051.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