Facts of the
Case
The assessee, Sandeep Hooda, filed his return of
income for Assessment Year 2015-16 declaring total income of ₹1,27,54,600. He
sold a residential property at 1/7, Shanti Niketan, New Delhi on 25.09.2014 for
₹6,88,00,000, resulting in long-term capital gains of ₹5,63,74,550. The
assessee claimed exemption under Section 54 on the ground that he had
constructed a residential house within three years on agricultural land
situated at Village Bandhwari, Sohna, District Gurgaon.
During assessment proceedings, the Assessing
Officer examined the claim and conducted physical inspections of the subject
property through departmental inspectors. The inspection reports revealed that
only makeshift plywood structures were present on the land, comprising a small
guard room and another plywood room with an attached toilet. There was no
electricity connection, no water connection, and the rest of the land measuring
approximately 1.75 acres was vacant.
Based on the inspection reports and statements of
the assessee’s authorised representative, the Assessing Officer concluded that
no residential house had been constructed within the stipulated period and
disallowed the exemption under Section 54.
The Commissioner of Income Tax (Appeals) allowed
the assessee’s claim, relying inter alia on an architect’s certificate and
observing that rural areas did not require compliance with urban construction
norms. The Revenue appealed to the Income Tax Appellate Tribunal, which
reversed the CIT(A)’s order and restored the disallowance.
Issues
Involved
Whether the assessee had constructed a residential
house within three years from the date of transfer of the original asset so as
to qualify for exemption under Section 54, and whether makeshift structures on
agricultural land could be regarded as a residential house for the purposes of
the said provision.
Petitioner’s
Arguments
The assessee argued that the ITAT erred in holding
that the subject property lacked basic amenities and ignored evidence such as
the architect’s certificate and the existence of rooms, toilet and boundary
arrangements. It was contended that Section 54 does not mandate specific
construction standards or amenities and that minimal facilities in a rural
setting should suffice to constitute a residential house.
Respondent’s
Arguments
The Revenue contended that the finding of the ITAT
was based on detailed factual examination including inspection reports,
photographs and statements, which clearly established that no residential house
fit for habitation had been constructed. It was argued that plywood structures
without electricity or water cannot be equated with construction of a
residential house within the meaning of Section 54.
Court Order
/ Findings
The Delhi High Court held that the core issue was
whether the assessee had constructed a residential house within the stipulated
period, which is a pure question of fact. The Court noted that the ITAT had
relied on two inspection reports showing that only temporary plywood structures
existed on the land, there was no electricity or water connection, and the vast
majority of the land was vacant.
The Court observed that merely assembling plywood
sheets to create makeshift rooms cannot be regarded as construction of a
residential house meant for habitation. The findings of the ITAT were supported
by evidence and could not be termed perverse or manifestly erroneous.
The Court further held that the ITAT was justified
in rejecting the certificates relied upon by the assessee in light of the
physical inspection conducted by the Department.
Important
Clarification
The High Court clarified that while Section 54 does
not prescribe any particular construction norms, the assessee must demonstrate
construction of a residential dwelling capable of habitation. Temporary or
makeshift structures raised on agricultural land do not satisfy the statutory
requirement of construction of a residential house.
Final
Outcome
The appeal filed by the assessee was dismissed. The
Delhi High Court upheld the order of the Income Tax Appellate Tribunal
disallowing exemption under Section 54 and held that no substantial question of
law arose for consideration.
Link to
download order - https://www.mytaxexpert.co.in/uploads/1769857176_SANDEEPHOODAVsDEPUTYCOMMISISIONEROFINCOMETAXCIRCLE222DELHIANR..pdf
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