Facts of the
Case
The petitioner, Vivo Mobile India Private Limited,
filed a writ petition challenging the show cause notice dated 09.08.2024 issued
under Section 148A(b) of the Income-tax Act, 1961 for Assessment Year 2018-19,
the order dated 31.08.2024 passed under Section 148A(d), and the consequential
notice issued under Section 148 of the Act.
The reassessment proceedings were initiated on the
basis of High Risk CRIU/VRU information available on the Insight Portal
alleging that the petitioner had made bogus capital expenditure purchases
amounting to ₹7,35,47,572 from a fictitious entity named M/s Zhongmao (India)
Eng. Pvt. Ltd.
In response to the notice under Section 148A(b),
the petitioner clarified that it had not undertaken any transaction with M/s
Zhongmao (India) Eng. Pvt. Ltd. during the relevant assessment year and
submitted that its actual transactions were with M/s Zhonghua (India) Eng. Pvt.
Ltd., along with documentary evidence.
Subsequently, the Revenue issued a clarificatory
letter dated 22.08.2024 acknowledging the correction in the name of the entity
and stating that physical verification revealed that the said entity was not
found operating at the given address. Relying on this, the Assessing Officer
concluded that the entity was a non-existent paper company and passed an order
under Section 148A(d) treating the purchases as bogus without issuing any fresh
notice or granting an opportunity to respond to this new allegation.
Issues
Involved
Whether an order under Section 148A(d) can be
sustained when the Assessing Officer relies on allegations not contained in the
notice issued under Section 148A(b)
Whether reassessment proceedings initiated after completion of assessment are
valid when principles of natural justice are violated
Whether the Assessing Officer could assume jurisdiction without placing
relevant incriminating material before the assessee
Petitioner’s
Arguments
The petitioner contended that the reassessment
proceedings were vitiated as the impugned order was passed on an entirely new
ground, namely the alleged non-existence of M/s Zhonghua (India) Eng. Pvt.
Ltd., which was never put to the petitioner in the show cause notice. It was
argued that denial of opportunity to rebut this allegation amounted to a clear
violation of principles of natural justice.
It was further submitted that once the original
assessment had concluded, the Assessing Officer had become functus officio and
could reassume jurisdiction only by strictly following the statutory procedure,
including disclosure of relevant incriminating material.
Respondent’s
Arguments
The Revenue argued that the reassessment
proceedings were initiated based on credible information from the Insight
Portal suggesting accommodation entries through a fictitious entity. It was
submitted that the Assessing Officer was justified in concluding that the
purchases were bogus after physical verification revealed that the supplier
entity did not exist at the declared address.
Court Order
/ Findings
The Delhi High Court held that the impugned order
under Section 148A(d) suffered from a fundamental procedural defect. The Court
noted that the conclusion regarding the entity being non-existent and bogus was
never put to the petitioner in the notice issued under Section 148A(b). Passing
an adverse order on such a ground without affording an opportunity of hearing
amounted to a clear violation of principles of natural justice.
The Court emphasised that principles of natural
justice are inherent in all administrative and quasi-judicial actions,
particularly in taxing statutes, unless expressly excluded by legislative
intent. The Court relied upon the decision of the Supreme Court in Sahara India
(Firm) vs. CIT and the Calcutta High Court ruling in Grindlays Bank Plc. vs.
CIT to reiterate that after completion of assessment, the Assessing Officer
becomes functus officio and jurisdiction for reassessment can be assumed only
by strictly complying with statutory requirements.
The Court held that in the absence of relevant
incriminating material being put to the assessee, the reassessment proceedings
could not be sustained.
Important
Clarification
The High Court clarified that an order under
Section 148A(d) must be strictly confined to the allegations contained in the
notice issued under Section 148A(b). Any material or inference adverse to the
assessee must be disclosed and an opportunity to respond must be granted.
Reassessment proceedings initiated after completion of assessment cannot be
sustained on grounds not previously disclosed to the assessee.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1770018890_VIVOMOBILEINDIAPRIVATELIMITEDVsASSISTANTCOMMISSIONEROFINCOMETAXANR..pdf
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