Facts of the Case
The petitioner, Surender Kumar Wadhwa, filed a
writ petition challenging the notice dated 26.03.2024 issued under Section
148A(b), the approval dated 09.04.2024 under Section 151, the order dated
09.04.2024 passed under Section 148A(d), and the consequential notice issued
under Section 148 of the Income-tax Act, 1961. Two principal grounds were
urged: first, that only the Faceless Assessing Officer could initiate
reassessment and not the Jurisdictional Assessing Officer; and second, that the
order under Section 148A(d) was passed beyond the period of limitation.
Issues Involved
Whether the Jurisdictional Assessing Officer
lacked competence to initiate reassessment in view of the faceless assessment
scheme, whether the order passed under Section 148A(d) was barred by
limitation, and whether reassessment proceedings were liable to be quashed on
these grounds.
Petitioner’s Arguments
The petitioner contended that initiation of
reassessment by the Jurisdictional Assessing Officer was without jurisdiction
as only the Faceless Assessing Officer could act. It was further argued that
the order dated 09.04.2024 passed under Section 148A(d) was beyond the
limitation period prescribed under Section 149, and therefore the entire
reassessment proceedings were vitiated.
Respondent’s Arguments
The Revenue relied on binding precedents of the
Delhi High Court to submit that both the Jurisdictional Assessing Officer and
the Faceless Assessing Officer have concurrent jurisdiction to initiate
reassessment proceedings. On limitation, it was argued that the period granted
to the assessee to respond to the notice under Section 148A(b) is required to
be excluded under the fifth proviso to Section 149, and if the remaining
limitation period is less than seven days, it stands extended by seven days
under the sixth proviso.
Court Order / Findings
The Delhi High Court recorded the fair concession
of the petitioner’s senior counsel that both issues raised were covered against
the petitioner. On the issue of jurisdiction, the Court relied on its decision
in T.K.S. Builders Pvt. Ltd. v. Income Tax Officer, holding that
Jurisdictional Assessing Officers and Faceless Assessing Officers have
concurrent jurisdiction to initiate reassessment proceedings. On the issue of
limitation, the Court relied on its earlier judgment in Raminder Singh v.
Assistant Commissioner of Income Tax, including the subsequent review
order, which clarified the manner of computation of limitation by excluding the
period available to respond to a Section 148A(b) notice and extending
limitation by seven days where required under the sixth proviso to Section 149.
Applying these principles, the Court held that the impugned order dated
09.04.2024 was within limitation. The Court also noted that although an SLP
against Raminder Singh was pending before the Supreme Court, there was no stay operating.
Important Clarification
The Court clarified that dismissal of SLPs or
pendency of appeals before the Supreme Court without a stay does not dilute the
binding nature of Delhi High Court precedents within its territorial
jurisdiction. Authorities and litigants are bound to follow such decisions
unless stayed or set aside.
Final Outcome
The writ petition was dismissed. The reassessment
proceedings initiated against the petitioner were upheld as valid in law. All
pending applications, including the impleadment application, were disposed of
accordingly, with liberty to pursue remedies available in law.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1769681231_SURENDERKUMARWADHWAVsPRINCIPALCOMMISSIONEROFINCOMETAX18ANR..pdf
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