Facts of the Case
The petitioners, including Twylight Infrastructure
Pvt. Ltd. and several other assessees, challenged reassessment notices issued
by the Income Tax Department for reopening completed assessments.
The reassessment proceedings were initiated by
issuing notices under Section 148 of
the Income Tax Act, 1961 alleging that income had escaped assessment.
The petitioners contended that the reassessment
notices had been issued without obtaining valid approval from the “specified authority” as required under
Section 151 of the Income Tax Act.
Since proper sanction is a statutory prerequisite
for initiating reassessment proceedings, the petitioners approached the Delhi
High Court by filing writ petitions under Article 226 of the Constitution of India seeking quashing of the
impugned notices and consequential proceedings.
Issues Involved
- Whether reassessment notices issued under Section 148 of the Income Tax Act are valid when approval
from the specified authority under
Section 151 is not properly obtained.
- Whether reassessment proceedings initiated without complying with
the mandatory requirement of statutory sanction can sustain in law.
- Whether such procedural defects invalidate the reassessment proceedings initiated by the Income Tax Department.
Petitioner’s Arguments
- The reassessment notices were issued without valid sanction from the specified authority, which is
mandatory under Section 151 of the
Income Tax Act.
- The approval granted by the authority was either mechanical or not
in accordance with the statutory requirements.
- Since proper sanction is a jurisdictional
condition precedent, absence of valid approval renders the entire
reassessment proceedings illegal.
- The reassessment notices and subsequent proceedings therefore deserved to be quashed.
Respondent’s Arguments
- The reassessment notices were issued in accordance with the
statutory provisions governing reassessment proceedings.
- The competent authority had granted approval before issuance of the
notices.
- The reassessment proceedings were initiated based on material indicating
escapement of income and therefore were legally justified.
- The writ petitions were premature as the reassessment proceedings were still ongoing.
Court Findings
The Delhi High Court examined the statutory scheme
governing reassessment proceedings under the Income Tax Act, 1961, particularly the requirement of sanction
under Section 151.
- Approval from the specified
authority is a mandatory statutory requirement before issuing
reassessment notices under Section 148.
- Such approval must be granted after proper application of mind and
cannot be mechanical.
- In the present case, the reassessment notices had been issued without proper approval from the
specified authority as mandated by law.
Therefore, the Court held that the impugned
reassessment notices suffered from a jurisdictional
defect.
Court Order
- Quashed the reassessment notices and the
consequential proceedings initiated against the
petitioners.
- Held that the reassessment proceedings were invalid due to absence
of proper approval under Section
151 of the Income Tax Act.
- However, the Court granted liberty
to the Revenue to initiate fresh reassessment proceedings in accordance
with law, if permissible.
Important Clarification by the Court
- Approval under Section 151
of the Income Tax Act is not a mere procedural formality.
- The sanctioning authority must apply its mind and grant approval in
accordance with statutory requirements.
- If the approval is defective or not obtained from the competent
authority, the entire reassessment proceeding becomes unsustainable in
law.
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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