Facts of the Case
The assessee, M/s Adma Solutions Pvt. Ltd., formerly known as
M/s Infovision Information Services Pvt. Ltd., is engaged in the business of
providing call centre services. A survey under Section 133A of the Income-tax
Act, 1961 was conducted at the assessee’s premises in January 2008 by the TDS
Wing to verify compliance with TDS provisions.
Certain defaults relating to non-deduction and delayed deposit
of TDS were noted. On 30.03.2011, the Assessing Officer passed an order under
Section 201(1) read with Section 201(1A) treating the assessee as an assessee
in default and referred the matter to the Joint Commissioner for initiation of
penalty proceedings under Sections 271C, 272A(2)(c), and 272A(2)(k).
A show cause notice was issued on 31.01.2013, and a penalty
order dated 29.07.2013 was passed. The Commissioner of Income Tax (Appeals)
deleted the penalty, and the ITAT dismissed the Revenue’s appeal.
Issues Involved
Whether the penalty proceedings were vitiated on account of
issuance of notices in the old name of the assessee company, and whether the
penalty order was barred by limitation under Section 275(1)(c) owing to
inordinate delay in initiation and completion of penalty proceedings.
Petitioner’s Arguments (Revenue)
The Revenue contended that issuance of notices and penalty
orders in the old name of the assessee was a curable defect protected by
Section 292B, as there was only a change in name and not in the constitution of
the entity. It was further argued that Section 275(1)(c) prescribes limitation
only for passing of penalty orders and not for issuance of show cause notices,
and that the penalty order dated 29.07.2013 was within six months from issuance
of the show cause notice.
Respondent’s Arguments (Assessee)
The assessee submitted that the penalty proceedings were
initiated after an inordinate and unexplained delay of nearly five years from
the date of survey, which rendered the proceedings unsustainable. It was argued
that even where no express limitation is prescribed for initiation, action must
be taken within a reasonable period, and the penalty order passed long after
initiation was barred by limitation under Section 275(1)(c).
Court Order / Findings
On the issue of notice issued in the old name, the Delhi High
Court held that mere change of name does not result in cessation of the entity
and such defect is curable under Section 292B. The Court therefore set aside
the ITAT’s finding on this limited aspect in favour of the Revenue.
However, on the core issue of limitation, the Court upheld the
findings of the ITAT. The Court held that although Section 275(1)(c) does not
expressly prescribe a time limit for initiation of penalty proceedings, the law
requires such proceedings to be initiated within a reasonable period. Relying
on binding precedents including NHK Japan Broadcasting Corporation and JKD
Capital & Finlease Ltd., the Court held that delay of almost five years
in issuance of the show cause notice was unreasonable.
The Court further held that the penalty proceedings stood
initiated when the Assessing Officer referred the matter for penalty, and
reckoning limitation from that date, the penalty order dated 29.07.2013 was
clearly beyond the period prescribed under Section 275(1)(c).
Important Clarification
The Court clarified that absence of an express statutory
trigger for initiation of penalty proceedings does not permit the Revenue to
act at its discretion indefinitely. Even in such cases, initiation and
completion of proceedings must occur within a reasonable timeframe, failing which
the proceedings are vitiated.
Final Outcome
The appeal filed by the Revenue was dismissed. The Delhi High
Court upheld deletion of the penalty on the ground that the penalty order was
barred by limitation under Section 275(1)(c) of the Income-tax Act, 1961, and
affirmed the order of the ITAT in favour of M/s Adma Solutions Pvt. Ltd.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1769850356_COMMISSIONEROFINCOMETAXTDS1VsMSADMASOLUTIONSPVT.LTD.FORMERLYKNOWNASMSINFOVISIONINFORMATIONSERVICESPVT.LTD..pdf
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