Facts of the Case
The petitioner company had originally undergone
scrutiny assessment under Section 143(3) for AY 2003-04, and the assessment
order was passed on 20.10.2005.
Subsequently, the Deputy Commissioner of Income Tax
issued notice dated 08.03.2010 under Section 148 for reopening the assessment.
The reasons recorded for reopening included:
- Failure to add back provision for gratuity while computing book
profits under Section 115JB.
- Taxability of capital reserve amount received under settlement
agreement with foreign promoters as business income.
- Failure to add back provision for diminution in value of mutual
fund investments under Section 115JB.
The petitioner sought reasons for reopening and
thereafter filed extensive objections contending that:
- all relevant material had already been disclosed during original
assessment proceedings,
- the issues were already examined earlier,
- there was no fresh tangible material,
- reopening was based merely on change of opinion, and
- conditions under the proviso to Section 147 were not satisfied.
However, the Assessing Officer rejected the
objections through a brief and non-speaking order dated 02.11.2010.
Thereafter, reassessment order dated 19.11.2010 was
passed in haste without granting any further hearing to the petitioner.
Issues
Involved
- Whether reassessment proceedings under Sections 147 and 148 can be
sustained when objections filed by the assessee are disposed of through a
non-speaking order.
- Whether reassessment initiated without fresh tangible material
amounts to change of opinion.
- Whether the Assessing Officer violated the mandatory procedure laid
down in GKN Driveshafts (India) Ltd. vs ITO.
- Whether reassessment order passed in undue haste and without proper
opportunity violates principles of natural justice.
- Whether writ jurisdiction under Article 226 can be exercised
despite availability of alternative statutory remedy.
Petitioner’s
Arguments
The petitioner argued that:
- all material facts relevant to assessment had been fully and truly
disclosed during original scrutiny assessment;
- the Assessing Officer had already examined the issues during
original proceedings;
- reopening was based solely on reappreciation of existing material
and therefore amounted to change of opinion;
- no fresh information or tangible material came into possession of
the Revenue after completion of original assessment;
- the order disposing of objections was cryptic, non-speaking and
contrary to law laid down by the Supreme Court in GKN Driveshafts;
- reassessment proceedings were completed in undue haste without
providing proper hearing after disposal of objections;
- principles of natural justice were violated.
Respondent’s
Arguments
The Revenue contended that:
- the Assessing Officer had valid “reason to believe” that income
chargeable to tax had escaped assessment;
- reasons recorded were based on material available on record;
- reopening was carried out after proper application of mind;
- objections raised by the assessee were duly considered and
rejected;
- reassessment proceedings were legally valid.
Court
Findings / Observations
The Delhi High Court held that the order disposing
of objections dated 02.11.2010 was completely non-speaking and cryptic. The
Court observed that the order failed to deal with the detailed objections
raised by the assessee and therefore violated principles of natural justice.
The Court reiterated the law laid down by the
Supreme Court in GKN Driveshafts (India) Ltd. vs ITO that:
- the assessee is entitled to file objections against reopening,
- the Assessing Officer is mandatorily required to dispose of such
objections through a speaking order before proceeding further with
reassessment.
The Court observed that after disposal of
objections, no fresh hearing was granted and reassessment order was passed
hurriedly despite sufficient limitation period being available.
The High Court further held that existence of
alternative remedy is not an absolute bar where:
- principles of natural justice are violated,
- mandatory procedure is not followed, or
- reassessment proceedings suffer from jurisdictional defects.
Court Order
The Delhi High Court:
- quashed the order dated 02.11.2010 disposing of objections;
- quashed the reassessment order dated 19.11.2010;
- directed the Assessing Officer to pass a fresh speaking order on
objections in accordance with the Supreme Court judgment in GKN
Driveshafts;
- granted liberty to proceed afresh thereafter in accordance with
law;
- imposed costs of Rs.10,000/- on the Revenue.
Important
Clarification
The judgment reinforces that:
- disposal of objections to reopening under Sections 147/148 must be
through a detailed speaking order;
- reassessment proceedings conducted mechanically or in haste violate
principles of natural justice;
- reassessment based merely on change of opinion is impermissible;
- writ jurisdiction can be invoked despite alternative remedy where
procedural illegality or jurisdictional defect exists.
Sections
Involved
- Section 143(3) of the Income Tax Act, 1961
- Section 147 of the Income Tax Act, 1961
- Section 148 of the Income Tax Act, 1961
- Section 115JB of the Income Tax Act, 1961
- Section 234B of the Income Tax Act, 1961
- Article 226 of the Constitution of India
Link to download the order - https://delhihighcourt.nic.in/app/case_number_pdf/2012:DHC:1113-DB/SKN16022012CW79332010.pdf
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