Facts of the Case
The petitioner, Ramaa Advisors Private Limited, filed multiple
writ petitions challenging notices issued under Section 153C of the Income-tax
Act, 1961 for Assessment Years 2010–11 to 2015–16. The notices were issued on
31.08.2024 and 12.09.2024 pursuant to a search conducted on a third party
between 07.04.2019 and 13.04.2019.
The jurisdictional Assessing Officer of the searched person
recorded satisfaction and handed over the seized material to the Assessing
Officer of the petitioner on 31.08.2024. Based on this handover, Section 153C
notices were issued seeking to reopen assessments for the aforesaid years. The
petitioner challenged the notices as being barred by limitation under the
scheme of Sections 153A and 153C as amended, relying on the decision of the
Delhi High Court in PCIT (Central-1) vs. Ojjus Medicare Pvt. Ltd.
Issues Involved
Whether the ten-year block period under Section 153C is to be
computed from the date of initiation of search or from the date of
receipt/handing over of seized material to the Assessing Officer of the
non-searched person, and whether the impugned notices for AYs 2010–11 to
2015–16 were barred by limitation.
Petitioner’s Arguments
The petitioner contended that in the case of a non-searched
person, the First Proviso to Section 153C mandates that the limitation period
must be reckoned from the date on which the seized books of account or
documents are received by the Assessing Officer having jurisdiction over such
person. It was argued that even assuming the most favourable date for the
Revenue, the ten-year block could extend at best up to Assessment Year 2016–17,
rendering the impugned notices for AYs 2010–11 to 2015–16 clearly time-barred.
Reliance was placed on the binding judgment in Ojjus Medicare Pvt. Ltd.
Respondent’s Arguments
The Revenue did not dispute the factual matrix reflected in
the tabular chart placed before the Court regarding dates of search, handover,
and issuance of notices. However, it was contended that the Revenue had not
accepted the manner of computation of the block period as laid down in Ojjus
Medicare Pvt. Ltd., and it was pointed out that a Special Leave Petition had
been filed against that judgment before the Supreme Court.
Court Order / Findings
The Delhi High Court examined the statutory scheme of Sections
153A and 153C and noted that the issue stood squarely covered by its earlier
decision in PCIT (Central-1) vs. Ojjus Medicare Pvt. Ltd., particularly
paragraphs 86 to 90 thereof. The Court reiterated that in the case of a
non-searched person, the relevant date for computing the six-year or ten-year
block is the date of receipt of seized material by the Assessing Officer of
such person, and not the date of search.
Applying this principle to the facts of the case, the Court
held that even if the period between 01.04.2021 and 31.03.2022 were taken as
the relevant window, the ten-year block could extend only up to AY 2016–17.
Since the impugned notices related to AYs 2010–11 to 2015–16, they were clearly
beyond the permissible period. The pendency of an SLP against Ojjus Medicare
Pvt. Ltd. was held to be inconsequential in the absence of any stay.
Important Clarification
The Court clarified that for proceedings under Section 153C,
limitation must be strictly computed in accordance with the First Proviso to
Section 153C by reference to the date of handing over of seized material to the
Assessing Officer of the non-searched person. Notices issued beyond the
statutorily prescribed six-year or ten-year block are without jurisdiction and
liable to be set aside.
Final Outcome
All the writ petitions were allowed. The Delhi High Court set
aside the impugned notices dated 31.08.2024 and 12.09.2024 issued under Section
153C of the Income-tax Act, 1961 for Assessment Years 2010–11 to 2015–16. The
petitions were disposed of, and all pending applications were also disposed of
as infructuous.
Link to download order- https://www.mytaxexpert.co.in/uploads/1769506403_RAMAAADVISORSPRIVATELIMITEDVsASSISTANTCOMMISSIONEROFINCOMETAXCENTRALCIRCLE20.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