Facts of the Case
The petitioner, Sofema SA France, challenged three notices
issued under Section 147 read with Section 148 of the Income-tax Act, 1961
seeking reopening of assessments for Assessment Years 1999-2000 and 2000-2001.
One of the principal grievances raised in the writ petition
was that the reasons recorded by the Assessing Officer for reopening the
assessments had not been supplied to the petitioner.
During the hearing, learned senior standing counsel appearing
for the Revenue informed the Court that the recorded reasons had subsequently
been furnished to the petitioner.
The petitioner, however, contended that even after disclosure, the reasons supplied did not constitute valid reasons in the eye of law for invoking reassessment jurisdiction under Section 147. The petitioner therefore sought an opportunity to challenge the validity of the recorded reasons before the Assessing Officer
Issues Involved
- Whether
the petitioner was entitled to challenge the validity and sufficiency of
the reasons recorded for reopening assessments under Sections 147 and 148.
- Whether
reassessment proceedings should continue immediately after disclosure of
reasons or only after disposal of objections raised by the assessee.
- Whether
the Assessing Officer was required to pass a speaking order on objections
filed against reassessment notices.
- What procedure should be followed after recorded reasons are supplied to an assessee in reassessment proceedings.
Petitioner’s Arguments
The petitioner contended that although the reasons recorded
for reopening had eventually been supplied, the reasons disclosed were not
legally sustainable and did not justify invocation of reassessment powers under
Section 147.
It was argued that the recorded reasons failed to satisfy the
statutory requirements necessary for reopening completed assessments.
The petitioner therefore sought permission to file objections
before the Assessing Officer and requested that such objections be adjudicated
before any further reassessment proceedings were undertaken.
Reliance was placed upon earlier orders of the Delhi High Court in connected matters dealing with reassessment notices and disclosure of reasons.
Respondent’s Arguments
The Revenue submitted that since the recorded reasons had
already been supplied to the petitioner, the appropriate course was for the
petitioner to raise objections before the Assessing Officer.
It was contended that the Assessing Officer was legally
obliged to consider such objections in accordance with law.
The Revenue further relied upon the legal framework governing reassessment proceedings and maintained that the petitioner should pursue the statutory procedure rather than seek immediate interference by the Court.
Court Findings
The Delhi High Court found merit in the submission advanced by
the Revenue.
The Court referred to the recent judgment of the Supreme Court
in GKN Driveshafts (India) Ltd. v. Income Tax Officer & Others, JT 2002
(9) SC 574, wherein the Supreme Court had laid down the procedure to be
followed in reassessment cases.
The Court observed that the Supreme Court had clarified that:
- Upon
receipt of a notice under Section 148, the assessee should file a return
of income.
- The
assessee may seek the reasons recorded for issuance of the notice.
- The
Assessing Officer is bound to furnish those reasons within a reasonable
period.
- Upon
receipt of the reasons, the assessee is entitled to file objections to the
reassessment notice.
- The
Assessing Officer is required to dispose of those objections by passing a
speaking order before proceeding further with reassessment.
Applying the above principles, the Court held that since the reasons had already been furnished to the petitioner, it was open to the petitioner to file objections before the Assessing Officer and raise all grounds available in law against the reassessment proceedings.
Court Order / Findings
The Delhi High Court disposed of the writ petition with the
following directions:
- The
petitioner was granted liberty to file objections to the reasons disclosed
by the Assessing Officer.
- All
grounds raised in the writ petition could also be urged before the
Assessing Officer through such objections.
- The
Assessing Officer was directed to consider and dispose of the objections,
if filed, by a speaking order before proceeding further with reassessment
proceedings.
- Only
after deciding the objections could the Assessing Officer continue with
reassessment for the concerned assessment years.
- If
the petitioner remained dissatisfied with the order passed on the
objections, it would be open to seek appropriate remedies available under
law.
- The writ petition stood disposed of in the above terms.
Important Clarification
- Supply
of recorded reasons is a mandatory procedural safeguard in reassessment
proceedings.
- After
receiving the reasons, an assessee has a right to file objections
challenging the validity of reopening.
- The
Assessing Officer must pass a reasoned speaking order on such objections
before proceeding with reassessment.
- Courts
ordinarily require assessees to exhaust the statutory procedure prescribed
in GKN Driveshafts before invoking writ jurisdiction.
- The
judgment reinforces the procedural rights available to taxpayers in
reassessment proceedings under Sections 147 and 148.
- The decision follows and applies the binding principles laid down by the Supreme Court in GKN Driveshafts.
Sections Involved
- Section
147 of the Income-tax Act, 1961
- Section
148 of the Income-tax Act, 1961
- Reassessment
provisions under the Income-tax Act, 1961
- Principles
governing reopening of assessments
- Principles laid down in GKN Driveshafts (India) Ltd. v. Income Tax Officer
Link to download the order -
https://delhihighcourt.nic.in/app/case_number_pdf/2002:DHC:2152-DB/DKJ20122002CW81212002_170639.pdf
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