Facts of the Case
The Revenue filed multiple appeals under Section 260A
challenging a common order of the Income Tax Appellate Tribunal (ITAT) for
Assessment Years 2008–09 to 2010–11.
The Assessing Officer (AO) had made additions under Sections
68 and 69C on account of alleged unexplained credits and expenses during
assessments framed under Section 153A following a search under Section 132.
However:
- The
original returns had already been processed under Section 143(1).
- No
notices under Sections 143(2) or 148 were issued.
- Therefore,
assessments had attained finality prior to the search.
- Both CIT(A) and ITAT found that no incriminating material was discovered during the search.
Issues Involved
- Whether
additions under Sections 68 and 69C can be made in assessments under
Section 153A without incriminating material.
- Whether
completed (non-abated) assessments can be reopened under Section 153A in
absence of new evidence.
- Whether
reliance on CIT vs Kabul Chawla was justified despite pending SLPs.
- Scope
and interpretation of Section 153A in search cases.
Petitioner’s Arguments (Revenue)
- ITAT
erred in deleting additions made under Sections 68 and 69C.
- Section
153A mandates assessment of total income for six years, irrespective of
incriminating material.
- ITAT
wrongly relied on CIT vs Kabul Chawla without examining merits.
- The
said judgment has not attained finality as SLPs are pending before the
Supreme Court.
- Incriminating material was allegedly found during search and should justify additions.
Respondent’s Arguments (Assessee)
- No
incriminating material was found during the search proceedings.
- All
transactions, including share capital and premium, were fully disclosed
and supported by documentary evidence.
- Identity,
creditworthiness, and genuineness under Section 68 were duly established.
- Assessments
had already attained finality prior to the search.
- Additions under Section 153A cannot be made without fresh evidence.
Court’s Findings / Reasoning
- The
High Court emphasized that under Section 260A, interference is limited to
substantial questions of law.
- Both
CIT(A) and ITAT recorded concurrent findings of fact that no
incriminating material was found during search.
- Such
findings cannot be disturbed unless perverse.
- Assessments
had attained finality prior to the search.
- No
evidence was found linking alleged unexplained income.
- Additions
under Section 153A must be based on incriminating material.
- The Court reaffirmed the legal position laid down in CIT vs Kabul Chawla (2016) 380 ITR 573.
Court Order / Final Decision
- All
appeals filed by the Revenue were dismissed.
- The
Court held that:
- No
substantial question of law arises.
- Additions under Section 153A are invalid in absence of incriminating material.
Important Clarification
- Even
if SLPs against CIT vs Kabul Chawla are pending, the judgment
continues to hold binding value unless stayed.
- Section
153A does not permit arbitrary reassessment of concluded matters without
fresh evidence.
- Distinction
between:
- Abated
assessments – can be reassessed fully
- Non-abated (completed) assessments – only based on incriminating material
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2021:DHC:2802-DB/MMH09092021ITA812020_221337.pdf
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