Facts of the Case
The batch of writ petitions challenged notices issued under
Section 153C of the Income Tax Act, 1961 to various assessees who were not the
searched persons. The petitioners contended that no incriminating material
relating to the specific assessment years sought to be reopened had been
discovered during the search proceedings. In several instances, satisfaction
notes either did not refer to the relevant assessment years or were not
supplied to the petitioners. The reassessment proceedings were initiated for
multiple years falling within the statutory block period solely on the basis of
material allegedly found during the search of another person.
Issues Involved
- Whether
proceedings under Section 153C can be initiated against a non-searched
person without incriminating material pertaining to the specific
assessment year.
- Whether
discovery of material relating to one assessment year justifies reopening
of all six preceding years.
- Whether
the jurisdictional requirement of recording a valid satisfaction note was
fulfilled.
- Whether
completed assessments can be reopened in the absence of material having a
bearing on the determination of total income for the relevant year.
Petitioner’s Arguments
The petitioners argued that the assumption of jurisdiction
under Section 153C was illegal because no incriminating material pertaining to
the relevant assessment years was found during the search. They submitted that
material relating to a particular year cannot justify reopening of unrelated
years. It was further contended that for completed assessments, reassessment is
permissible only where seized material specifically relates to that year and
has a bearing on the determination of income. In certain cases, the
satisfaction notes were either not furnished or did not demonstrate any nexus
between the seized material and the assessment years in question.
Respondent’s Arguments
The Revenue contended that once incriminating material is
discovered during a search and is considered relevant to a non-searched person,
proceedings under Section 153C can be validly initiated for the block period.
It was argued that the statutory scheme permits assessment of multiple years
and that the satisfaction recorded by the Assessing Officer was sufficient to
confer jurisdiction.
Court Order / Findings
The Delhi High Court examined the statutory framework
governing Sections 153A and 153C and emphasized that jurisdiction under Section
153C is contingent upon the existence of incriminating material belonging to or
relating to the non-searched person. The Court held that reassessment of
completed assessments cannot be sustained unless the material discovered during
the search specifically pertains to the assessment year sought to be reopened
and has a bearing on the determination of total income. Mere discovery of
material relating to one year does not justify reopening of other years in the
block period. Accordingly, initiation of proceedings without such year-specific
material was held to be unsustainable in law.
Important Clarification
The Court clarified that the requirement of incriminating
material is a jurisdictional precondition for invoking Section 153C against a
non-searched person. The Assessing Officer must demonstrate a clear nexus
between the seized material and the relevant assessment year. In the absence of
such material, reassessment proceedings for completed years cannot be lawfully
initiated, even if a search has been conducted in the case of another person.
Link to download the order – https://www.mytaxexpert.co.in/uploads/1772191156_ASHUTOSHAGARWALVsASSISTANTCOMMISSIONEROFINCOMETAXCENTRALCIRCLE28DELHIANDORS..pdf
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