Facts of the
Case
The present matter formed part of a batch of writ
petitions and connected income-tax appeals before the Delhi High Court,
including Suncity Hi-Tech Infrastructure Pvt. Ltd., wherein assessment
and reassessment proceedings were initiated by the Income-tax Department in the
name of entities that had already ceased to exist pursuant to court-approved
schemes of amalgamation.
In the case of Suncity Hi-Tech Infrastructure Pvt.
Ltd., the amalgamating company had merged pursuant to a scheme sanctioned by
the competent authority. Despite being duly informed of the amalgamation, the
Assessing Officer continued to issue statutory notices and pass orders in the
name of the amalgamating (non-existent) entity.
Issues
Involved
Whether assessment or reassessment proceedings
initiated in the name of a non-existent amalgamating entity are legally valid.
Whether such defects can be cured by invoking
Section 292B of the Income-tax Act, 1961.
Whether participation by the successor entity cures
the jurisdictional defect.
Applicability of Sections 170 and 159 of the
Income-tax Act in cases of amalgamation.
Petitioner’s
Arguments
Upon approval of a scheme of amalgamation, the
amalgamating company stands dissolved by operation of law and ceases to exist.
Any notice or assessment order issued in the name
of a non-existent entity is void ab initio and suffers from a jurisdictional
defect.
Section 292B cannot cure defects that go to the
root of jurisdiction.
The issue is no longer res integra in view of the
Supreme Court judgments in Principal Commissioner of Income Tax v. Maruti
Suzuki India Ltd. and Spice Entertainment Ltd.
Mere participation by the successor entity does not
create estoppel against law.
Respondent’s
Arguments
The defect in issuing notice in the name of the
amalgamating entity is procedural and curable under Section 292B.
Reliance was placed on the Supreme Court decision
in Mahagun Realtors (P) Ltd. to argue that such defects do not vitiate
proceedings.
Sections 170 and 159 of the Income-tax Act permit
continuation of proceedings against successor entities.
Court Order
/ Findings
The Delhi High Court quashed the assessment and
reassessment proceedings, holding that:
Once an amalgamation scheme is approved, the
amalgamating company ceases to exist in the eyes of law.
Issuance of notices and framing of assessment
orders in the name of a non-existent entity is a substantive jurisdictional illegality,
not a procedural defect.
Section 292B cannot cure defects relating to lack
of jurisdiction.
Participation by the successor entity does not
validate proceedings initiated against a dissolved entity.
The Court reaffirmed and applied the principles
laid down in Maruti Suzuki, Spice Entertainment, and
distinguished Skylight Hospitality as being confined to its peculiar
facts.
Accordingly, all proceedings initiated in the name
of non-existent amalgamating entities were declared null and void.
SUNCITY HI-TECH INFRASTRUCTURE …
Important
Clarification
The Court clarified that Sections 170 and 159 do
not permit initiation of proceedings in the name of a dissolved entity.
Revenue authorities must mandatorily substitute the
successor entity once informed of amalgamation.
Jurisdictional defects cannot be cured by consent,
participation, or statutory saving provisions.
Consistency and certainty in tax litigation were
emphasised as core judicial values.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1770203745_SUNCITYHITECHINFRASTRUCTUREPRIVATELIMITEDAFTERMERGEROFMSSUPERBUILTREALESTATESANDLANDDEVELOPERSPVT.LTDVsINCOMETAXOFFICERWARD241DELHIANR..pdf
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