Facts of the Case
The petitioners had filed their income tax returns for the relevant
assessment years, which were processed under Section 143(1) of the Income Tax Act, 1961.
Subsequently, the Income Tax Department initiated
reassessment proceedings alleging that income
chargeable to tax had escaped assessment. Accordingly, the Assessing
Officer issued show-cause notices under
Section 148A(b) and thereafter passed orders under Section 148A(d) followed by issuance
of notices under Section 148 for
reopening the assessment.
The petitioners challenged these reassessment
proceedings before the Delhi High Court primarily on the ground that prior approval was not obtained from the
“specified authority” as mandated under Section 151(ii) of the Income
Tax Act.
Issues Involved
- Whether reassessment notices issued under Sections 148A(d) and 148 are valid without obtaining prior approval of the specified
authority under Section 151(ii) of the Income Tax Act.
- Whether approval granted by an authority falling under Section 151(i) is valid when more than three years have elapsed from the end of the relevant assessment year.
Petitioner’s Arguments
- The reassessment notices were issued after the expiry of three years from the end of the relevant
assessment year.
- As per Section 151(ii)
of the Income Tax Act, in such cases approval must be obtained from Principal Chief Commissioner / Principal
Director General / Chief Commissioner / Director General.
- However, in the present case the approval was granted by the Principal Commissioner of Income Tax,
which falls within the scope of Section
151(i).
- Since approval was obtained from the wrong authority, the reassessment proceedings were without jurisdiction and liable to be
quashed.
- The petitioners relied upon the decision of the Delhi High Court in Ganesh Dass Khanna vs ITO, which dealt with a similar issue relating to sanction under Section 151.
Respondent’s Arguments
- The Revenue contended that reassessment proceedings were initiated
in accordance with the revised
reassessment framework introduced by the Finance Act, 2021.
- It was argued that the department had obtained the necessary
approval before issuing the reassessment notices.
- The Revenue also relied upon the Taxation and Other Laws (Relaxation and Amendment of Certain
Provisions) Act, 2020 (TOLA) to justify the reopening proceedings.
Court Order / Findings
- The sanction of the
specified authority under Section 151 is mandatory before issuance of
notice under Section 148.
- Section 151 prescribes different
authorities depending upon the time elapsed from the end of the relevant
assessment year.
- If three years or less have
elapsed, approval must be obtained from authorities mentioned under
Section 151(i).
- If more than three years have elapsed, approval must be obtained from authorities specified under Section 151(ii).
Important Clarification
- The validity of sanction
for reassessment must be tested with reference to the amended provisions
of Section 151 introduced by the Finance Act, 2021.
- Extension of limitation under TOLA does not alter the statutory requirement regarding approval from the correct specified
authority.
- If approval is granted by an authority not specified under Section 151(ii), the reassessment proceedings are void in law.
Link to
download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS05012024CW165242022_114311.pdf
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