The
assessee filed an appeal against the order dated 28 May 2025 passed by the
Commissioner of Income Tax (Appeals)-27, New Delhi, which arose from a
reassessment order dated 25 August 2023 passed under section 147 read with
section 143(3) of the Income-tax Act, 1961 for Assessment Year 2017-18.
During
the appellate proceedings before the Tribunal, the assessee raised additional
legal grounds challenging the very assumption of jurisdiction under section
148. It was contended that the notice under section 148 was issued on 31 March
2023, which was beyond three assessment years from the end of the relevant
assessment year. It was argued that as per section 149 of the Act, reassessment
beyond three years and up to ten years is permissible only where the alleged
income escaping assessment amounts to or exceeds ₹50,00,000. In the present
case, the notice itself alleged escapement of income only to the extent of
₹35,00,000, which was below the statutory threshold.
The
Department contended that the cumulative escapement for multiple years should
be considered for determining applicability of section 149.
The
Tribunal admitted the additional grounds, holding that they raised a pure
question of law going to the root of jurisdiction and could be adjudicated on
the basis of admitted facts. On perusal of the notice issued under section 148
and the approval proforma placed on record, the Tribunal noted that the
Assessing Officer had specifically mentioned the alleged escaped income as
₹35,00,000 and had invoked section 149(1)(b) for reopening beyond three years.
The Tribunal further observed that at the stage of seeking approval, the
Assessing Officer had not relied upon any theory of cumulative escapement
across years, as argued by the Department.
The
Tribunal held that the statutory requirement under section 149 is explicit and
unambiguous, and reassessment beyond three years cannot be initiated unless the
escaped income for the relevant assessment year exceeds ₹50,00,000. Since the
alleged escapement in the present case was admittedly below the prescribed
threshold, the assumption of jurisdiction itself was vitiated.
Accordingly,
the Tribunal sustained the additional legal ground raised by the assessee and
quashed the reassessment proceedings as being void ab initio.
The appeal of the
assessee was allowed.
Source Link- https://itat.gov.in/public/files/upload/1767953500-Bd6gX6-1-TO.pdf
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