Facts of the Case
The Revenue filed writ petitions before the Delhi High Court
challenging the order passed by the Income Tax Settlement Commission (ITSC)
dated 27 June 2013, specifically to the extent that immunity from prosecution
and penalty had been granted to the respondents/assessees. During the
settlement proceedings, based on the Revenue’s report, additions were made over
and above the income originally disclosed by the assessees. However, the final
determination of tax liability by the ITSC was not challenged by the
respondents.
The dispute was confined only to the legality of the immunity granted by the Settlement Commission.
Issues Involved
- Whether
the Income Tax Settlement Commission can grant immunity from prosecution
and penalty without expressly recording satisfaction regarding full and
true disclosure of income?
- Whether
compliance with Section 245H(1) of the Income Tax Act is mandatory before
granting such immunity?
- Whether the ITSC’s order was legally sustainable in absence of recorded satisfaction regarding the manner in which such income was derived?
Petitioner’s Arguments (Revenue’s Case)
The Revenue contended that the Settlement Commission granted
immunity from penalty and prosecution without recording the mandatory
satisfaction that the assessees had made a full and true disclosure of
undisclosed income and had disclosed the manner in which such income had been
derived.
It was argued that such satisfaction is a statutory prerequisite under Section 245H(1) of the Income Tax Act, and failure to record the same vitiated the order granting immunity.
Respondent’s Arguments (Assessee’s Case)
The respondents relied upon the settlement proceedings and
the final tax determination made by the Settlement Commission. Since the
determination of tax liability was accepted and remained unchallenged, the
respondents defended the immunity granted under the settlement framework.
The respondents relied on the settlement mechanism and sought continuation of immunity granted by the Commission.
Court Findings / Observations
The Delhi High Court noted that both parties relied upon the
earlier judgment in Commissioner of Income Tax (Central)-II v. BDR Builders
and Developers (2016) 385 ITR 111 (Del.), where under similar circumstances
the Court had held that grant of immunity without recording statutory
satisfaction was unsustainable.
The Court observed that Section 245H(1) imposes a mandatory
obligation upon the Settlement Commission to record satisfaction regarding:
- Full
and true disclosure of income; and
- Disclosure
of the manner in which such income was derived.
Without such satisfaction, immunity cannot be legally granted.
Court Order / Final Decision
The Delhi High Court set aside the impugned order of the
Income Tax Settlement Commission only to the extent it granted immunity from
prosecution and penalty.
The matter was remanded back to the Settlement Commission
for fresh consideration on the issue of immunity in accordance with law.
The writ petitions were accordingly disposed of.
Sections Involved
- Section
245H(1), Income Tax Act, 1961 – Power of Settlement Commission to
grant immunity from prosecution and penalty
- Chapter
XIX-A, Income Tax Act, 1961 – Settlement of Cases
- Provisions relating to full and true disclosure of undisclosed income
Important Clarification
The judgment clarifies that:
- Grant
of immunity under Section 245H is not automatic.
- The
Settlement Commission must expressly record satisfaction regarding
statutory conditions.
- Mere
settlement of tax liability does not entitle an assessee to immunity from
penalty or prosecution.
- Compliance with “full and true disclosure” is jurisdictional and mandatory.
Link to download the order -
https://delhihighcourt.nic.in/app/case_number_pdf/2017:DHC:8918-DB/SMD21072017CW90162014_153855.pdf
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