Facts of the Case
The Commissioner of Income Tax (Central) filed a
writ petition before the Delhi High Court challenging the proceedings relating
to an application made by M/s Xerox Modi Corporation Ltd. before the Income Tax
Settlement Commission. The controversy arose regarding the scope and effect of
admission of an application for settlement under Chapter XIX-A of the
Income-tax Act, 1961.
The Revenue sought judicial intervention against
the proceedings before the Settlement Commission. During the hearing, counsel
appearing for the Settlement Commission clarified the legal position concerning
the powers of the Commission under Section 245D of the Act.
The matter came up before the Division Bench of the
Delhi High Court comprising Justice Swatanter Kumar and Justice Madan B. Lokur
on 21 February 2005.
Issues
Involved
- Whether admission of an application for settlement under Section
245D of the Income-tax Act, 1961 creates any vested right in favour of the
assessee.
- Whether the Settlement Commission retains the authority to reject
an application even after its admission.
- Whether the stand taken by the Settlement Commission was in
accordance with the scheme and provisions of the Income-tax Act, 1961.
Petitioner’s
Arguments
The Commissioner of Income Tax (Central), being the
petitioner, challenged the proceedings relating to the settlement application
and sought issuance of appropriate directions against the respondents.
The Revenue questioned the manner in which the
settlement proceedings were being dealt with and sought consideration of its
objections by the Court.
Respondent’s
Arguments
On behalf of the Settlement Commission, it was
submitted that any application, even if admitted for settlement within the
purview and scope of Section 245D of the Income-tax Act, 1961, can subsequently
be rejected by the Settlement Commission in exercise of its discretion and in
accordance with the settled provisions of law.
It was contended that admission of an application
does not automatically guarantee settlement and that the Commission continues
to possess statutory authority to examine the maintainability and merits of the
application during the settlement proceedings.
Court
Findings / Order
The Delhi High Court observed that, prima facie,
the stand taken by the Settlement Commission was in consonance with the scheme
of the Income-tax Act, 1961. The Court accepted the submission that an
application admitted under Section 245D may still be rejected by the Settlement
Commission in accordance with law.
The Court granted liberty to the Revenue to raise
all its objections and issues before the Settlement Commission at the time of
hearing of the assessee’s settlement application.
Considering the above position, the High Court
declined to interfere at that stage and disposed of the writ petition. The
connected application was also disposed of accordingly.
Important
Clarification
The judgment clarifies that:
- Admission of a settlement application under Section 245D does not
confer an absolute right upon the assessee to obtain settlement.
- The Settlement Commission retains discretion to reject an
application even after admission if the circumstances and statutory
requirements so warrant.
- Revenue authorities are entitled to raise all permissible
objections before the Settlement Commission during the course of
settlement proceedings.
- Judicial interference at an intermediate stage of settlement
proceedings may not be warranted when an effective statutory remedy exists
before the Settlement Commission.
Sections
Involved
- Section 245D, Income-tax Act, 1961
- Chapter XIX-A – Settlement of Cases under the Income-tax Act, 1961
Link to Download the Order-https://delhihighcourt.nic.in/app/case_number_pdf/2005:DHC:19456-DB/SK21022005CW30262005_144427.pdf
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