Facts of the
Case
The assessee, a partnership firm, was subjected to
reassessment proceedings for Assessment Year 2013-14 based on information
received from the DDIT (Investigation), Karnal regarding alleged accommodation
entries provided by certain entities controlled by an entry operator. The
Assessing Officer issued notice under Section 148 and completed reassessment by
making an addition of ₹6,96,000 on account of alleged bogus
purchases/accommodation entries. The CIT(A), NFAC observed a contradiction
between the assessment year mentioned in the reasons recorded (AY 2012-13) and
the year for which reassessment was initiated (AY 2013-14). Instead of
adjudicating the legal issue, the CIT(A) set aside the matter to the Assessing
Officer for fresh verification. Aggrieved, the assessee appealed before the
Tribunal.
Issues
Involved
Whether the reassessment proceedings under Section
147 were valid when the reasons recorded for reopening pertained to a different
assessment year, whether the CIT(A) was justified in remanding the legal
jurisdictional issue to the Assessing Officer instead of deciding it on merits,
and whether the resultant addition could survive once the reopening itself was
invalid.
Petitioner’s
Arguments
The assessee contended that the Assessing Officer
recorded reasons referring to return filed and transactions undertaken in
Financial Year 2011-12 relevant to Assessment Year 2012-13, whereas the
reassessment proceedings were initiated for Assessment Year 2013-14. It was
argued that there was complete non-application of mind and absence of any
tangible material relating to the impugned assessment year, rendering the
assumption of jurisdiction invalid. The assessee further contended that since
all facts were already on record, the CIT(A) erred in remanding the legal issue
instead of quashing the reassessment.
Respondent’s
Arguments
The Revenue supported the order of the CIT(A) and
contended that under Section 251, the CIT(A) has the power to set aside and
remand matters to the Assessing Officer for fresh adjudication and that the
remand was therefore valid.
Court Order
/ Findings
The ITAT Jaipur examined the reasons recorded for
reopening and held that they unequivocally referred to the return of income
filed for Assessment Year 2012-13 and to transactions in Financial Year
2011-12. The Tribunal held that there was no material before the Assessing
Officer to form a belief of escapement of income for Assessment Year 2013-14.
The Tribunal concluded that jurisdiction under Section 147 was assumed on the
basis of information pertaining to a different assessment year, which is impermissible
in law. The Tribunal further held that since the issue was purely legal and all
facts were already available on record, the CIT(A) ought to have adjudicated
the jurisdictional issue instead of remanding it. Accordingly, the reassessment
proceedings were held to be invalid and the assessment order was quashed.
Consequently, the addition made on merits did not survive.
Important
Clarification
The Tribunal clarified that reassessment
jurisdiction must be founded on reasons and information relatable to the very
assessment year sought to be reopened. Assumption of jurisdiction based on
material pertaining to another assessment year reflects non-application of mind
and renders the reopening void ab initio. Legal jurisdictional issues must be
decided at the appellate stage when facts are already on record.
Final
Outcome
The appeal filed by the assessee was allowed in
full. The reassessment proceedings initiated under Section 147 for Assessment
Year 2013-14 were quashed as invalid, and the consequential addition of
₹6,96,000 was deleted.
Link to download order- https://www.mytaxexpert.co.in/uploads/1768993437_KANHAIYALALHARINARAYANNEEMKATHANAVS.INCOMETAXOFFICERWARDNEEM.pdf
Disclaimer
This
content is shared strictly for general information and knowledge purposes only.
Readers should independently verify the information from reliable sources. It
is not intended to provide legal, professional, or advisory guidance. The
author and the organisation disclaim all liability arising from the use of this
content. The material has been prepared with the assistance of AI tools.
0 Comments
Leave a Comment