Facts of the Case
The petitioner, Parveen Kumar Malhotra, filed a
writ petition challenging the order dated 28.07.2022 passed under Section
148A(d) of the Income-tax Act, 1961 and the consequential notice dated
29.07.2022 issued under Section 148 for Assessment Year 2013–14.
An initial notice under Section 148 was issued on
23.06.2021 under the unamended reassessment regime. The said notice was
unsustainable as it was issued after 31.03.2021 without following the procedure
prescribed under Section 148A, as held by the Delhi High Court in Mon Mohan
Kohli. Pursuant to the directions of the Supreme Court in Union of India
vs. Ashish Agarwal, the said notice was deemed to be a notice under Section
148A(b). In compliance, the Assessing Officer supplied information and material
to the petitioner on 02.06.2022 and directed the petitioner to furnish a reply
by 18.06.2022. The petitioner submitted his response on 18.06.2022. Thereafter,
the Assessing Officer passed the impugned order under Section 148A(d) on
28.07.2022 and issued the notice under Section 148 on 29.07.2022.
Issues Involved
Whether the notice issued under Section 148 for
Assessment Year 2013–14 was barred by limitation under Section 149 after
applying the exclusions mandated by the fifth proviso to Section 149, and
whether the reassessment proceedings initiated pursuant thereto were
sustainable in law.
Petitioner’s Arguments
The petitioner contended that the six-year
limitation period for AY 2013–14 expired on 31.03.2020 and stood extended only
up to 30.06.2021 by virtue of the Taxation and Other Laws (Relaxation and
Amendment of Certain Provisions) Act, 2020. Since the original notice dated
23.06.2021 was issued seven days prior to expiry of limitation, only seven days
remained available to the Assessing Officer after exclusion of the period
contemplated by the fifth proviso to Section 149. Accordingly, the last
permissible date for issuance of the notice under Section 148 after receipt of
the petitioner’s reply on 18.06.2022 was 25.06.2022. The notice issued on
29.07.2022 was therefore beyond limitation.
Respondent’s Arguments
The Revenue fairly conceded that the controversy
involved in the present case was squarely covered by the binding decision of
the Delhi High Court in Ram Balram Buildhome Pvt. Ltd. vs. Income Tax
Officer, which applied the principles laid down by the Supreme Court in Union
of India vs. Rajeev Bansal.
Court Order / Findings
The Delhi High Court analysed the statutory scheme
of Section 149 and the effect of the fifth proviso thereto, as explained by the
Supreme Court in Union of India vs. Rajeev Bansal. The Court held that
since the initial notice was issued only seven days before expiry of
limitation, the Assessing Officer had only seven days available to issue a
notice under Section 148 after the petitioner furnished his reply on
18.06.2022.
The Court found that the last permissible date for
issuing the notice was 25.06.2022 and that the impugned notice dated 29.07.2022
was clearly time-barred. The Court further noted that the issue was
conclusively covered by its decision in Ram Balram Buildhome Pvt. Ltd.,
which was binding on the Revenue.
Important Clarification
The Court clarified that computation of limitation
under Section 149 must strictly adhere to the statutory framework and judicial
interpretation. Once the residual period of limitation expires, the Assessing
Officer lacks jurisdiction to proceed further, and any reassessment initiated
thereafter is unsustainable in law.
Final Outcome
The writ petition was allowed. The Delhi High
Court set aside the impugned order dated 28.07.2022 passed under Section
148A(d), the notice dated 29.07.2022 issued under Section 148 for Assessment
Year 2013–14, and all proceedings initiated pursuant thereto. The pending
application was also disposed of accordingly.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1769676949_PARVEENKUMARMALHOTRAVsINCOMETAXOFFICERWARD301DELHIORS..pdf
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