Facts of the Case
- Multiple
petitioners, including ATS Infrastructure Private Limited and other
assessees, received reassessment notices under Section 148 after 01.04.2021.
- The
Finance Act, 2021 had already substituted the reassessment provisions,
introducing a new mandatory procedure under Section 148A before
issuing reassessment notices.
- Petitioners
challenged the notices on the ground that the Revenue was bound by the
amended statutory framework.
- Similar
issues had already arisen in earlier writ petitions where interim protection
had been granted by the Delhi High Court.
- The Revenue defended the notices by relying on TOLA and extension notifications.
Issues Involved
1. Whether reassessment notices issued after
01.04.2021 under the old Section 148 were legally sustainable?
2. Whether TOLA could extend the operation of
the old reassessment provisions beyond 31.03.2021?
3. Whether the amended reassessment regime under
Finance Act, 2021 had overriding application from 01.04.2021?
4. Whether the mandatory procedural safeguard
under Section 148A could be bypassed?
Petitioner’s Arguments
- The
impugned notices were issued under a statutory regime that ceased to
operate from 01.04.2021.
- Parliament
substituted the reassessment provisions entirely through Finance Act,
2021.
- The
Revenue was mandatorily required to follow the new procedural safeguards
under Section 148A.
- TOLA
only extended limitation periods and could not extend the life of repealed
provisions.
- Issuing
notices under the old law after substitution was without jurisdiction and
contrary to legislative intent.
- The
Department could not use executive notifications to override statutory
amendments enacted by Parliament.
Respondent’s Arguments
- The
time limit for issuing notices stood extended by virtue of TOLA and
related notifications.
- The
benefit of extended timelines preserved the power to issue reassessment
notices under the earlier provisions.
- The
notifications issued by the Central Government validly extended the
applicability of the old reassessment framework.
- The impugned notices were within limitation and legally valid.
Court Findings / Observations
- The
Court noted that the Finance Act, 2021 had brought into force a new
reassessment framework effective from 01.04.2021.
- The
Court observed that delegated legislation (notifications) cannot override
Parliamentary enactments.
- Prima
facie, the impugned notifications extending the old reassessment regime
appeared inconsistent with the amended law.
- The
Court emphasized that once a statute is substituted, the old machinery
ordinarily ceases to operate unless specifically preserved.
- The
Court considered that the petitioners had established a prima facie case
warranting interim protection.
Court Order / Final Direction
Issued notice to the respondents.
Granted time to file counter-affidavits.
Permitted rejoinders by petitioners.
Restrained the respondents from continuing reassessment proceedings pursuant to
the impugned notices until further orders.
Important Clarification
This order forms part of the judicial controversy concerning
reassessment notices issued during the transition from the old regime to the
amended regime under Finance Act, 2021.
This issue was subsequently considered in related
jurisprudence, including:
- Mon
Mohan Kohli v. Assistant Commissioner of Income Tax
- Ashok
Kumar Agarwal v. Union of India
- Union
of India v. Ashish Agarwal (Supreme Court)
These decisions shaped the law regarding reassessment
notices issued during the transition period.
Sections Involved
Income-tax Act, 1961
- Section
147
- Section
148
- Section
148A
- Section
149
- Section
151
Finance Act, 2021
- Reassessment
amendment provisions
Taxation and Other Laws (Relaxation and
Amendment of Certain Provisions) Act, 2020 (TOLA)
General Clauses Act, 1897
- Section 6
Link to download the order -
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