Facts of the
Case
The petitioner, Communist Party of India (Marxist),
is a national political party registered under Section 29A of the
Representation of the People Act, 1951. For Assessment Year 2016-17, it filed
its return of income on 15.10.2016 declaring Nil income after claiming
exemption under Section 13A of the Income-tax Act.
An initial notice dated 28.06.2021 under Section
148 was issued under the pre-amended reassessment regime. In view of the
Supreme Court decision in Union of India vs. Ashish Agarwal, the said notice
was deemed to be a show cause notice under Section 148A(b). The Assessing
Officer furnished information on 30.05.2022 alleging that an amount of
₹1,64,50,227 deposited in a bank account at State Bank of Travancore, Kozhikode
had not been disclosed in column 13(b) of the return.
The petitioner replied on 08.06.2022 explaining
that although the bank account was inadvertently omitted from the return, all
transactions were duly recorded in the books and income arising therefrom was
already accounted for. Despite this, an order dated 29.07.2022 was passed under
Section 148A(d) with approval of the Commissioner of Income Tax (Exemption),
followed by issuance of notice under Section 148 on the same date. Assessment
was completed under Section 147 read with Section 144B on 23.05.2023 raising
demand. The petitioner challenged the entire proceedings.
Issues
Involved
Whether the order under Section 148A(d) was barred
by limitation in terms of the fourth proviso to Section 149(1), whether the
notice under Section 148 was issued without valid approval of the specified
authority under Section 151, whether sanction granted by the Commissioner of
Income Tax (Exemption) was legally sustainable, and whether consequent
reassessment and faceless assessment orders could survive.
Petitioner’s
Arguments
The petitioner contended that since the original
notice under Section 148 dated 28.06.2021 was issued two days before expiry of
limitation as extended by TOLA, the Assessing Officer had only two days after
receipt of reply to pass an order under Section 148A(d). In terms of the fourth
proviso to Section 149(1), the maximum permissible period was seven days, which
expired on 16.06.2022. The order dated 29.07.2022 was therefore time-barred.
It was further argued that the notice under Section
148 was issued beyond three years from the end of the relevant assessment year
and, therefore, sanction under Section 151(ii) could be granted only by the
Principal Chief Commissioner or Principal Director General. Approval by the
Commissioner of Income Tax (Exemption) was without jurisdiction. Reliance was
placed on decisions including Twylight Infrastructure Pvt. Ltd., Abhinav Jindal
(HUF), Ganesh Dass Khanna and Siemens Financial Services.
Respondent’s
Arguments
The Revenue sought to justify the proceedings by
contending that the approvals were obtained in accordance with law and that the
reassessment was validly initiated based on information suggesting escapement
of income. Reliance was placed on the extension of limitation under TOLA and
the deemed conversion of notice under Section 148A pursuant to Ashish Agarwal.
Court Order
/ Findings
The Delhi High Court held that the order dated
29.07.2022 passed under Section 148A(d) was beyond the period prescribed under
the fourth proviso to Section 149(1) and therefore unsustainable. The Court
further held that since more than three years had elapsed from the end of
Assessment Year 2016-17, sanction for issuance of notice under Section 148 was
required to be obtained from the specified authority under Section 151(ii),
namely the Principal Chief Commissioner or Principal Director General.
Relying on a consistent line of authorities
including Abhinav Jindal (HUF), Twylight Infrastructure Pvt. Ltd., Ganesh Dass
Khanna and decisions of the Bombay and Madras High Courts, the Court held that
TOLA merely extended limitation and did not alter the hierarchy or distribution
of sanctioning powers under Section 151. Approval by the Commissioner of Income
Tax (Exemption) was therefore invalid. Consequently, the notice under Section
148, the order under Section 148A(d), the assessment order dated 23.05.2023 and
the demand raised were all held to be without jurisdiction.
Important
Clarification
The High Court clarified that validity of
reassessment proceedings must be tested strictly with reference to the amended
provisions of Sections 148, 148A and 151 as applicable on the date of issuance
of notice. Extension of time under TOLA does not modify or dilute the statutory
requirement of sanction by the specified authority, nor does it extend the time
for passing orders under Section 148A(d) beyond what is expressly provided
under Section 149.
Final
Outcome
The writ petition was allowed. The order dated
29.07.2022 passed under Section 148A(d), the notice issued under Section 148,
the assessment order dated 23.05.2023 passed under Section 147 read with
Section 144B, and the consequential demand were set aside. All proceedings
pursuant thereto were quashed.
Link to
download order https://www.mytaxexpert.co.in/uploads/1769755974_COMMUNISTPARTYOFINDIAMARXISTVsINCOMETAXDEPARTMENTCIREXMPT11DELHI.pdf
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