Facts of the
Case
The petitioner,
Baba Global Ltd., filed a writ petition challenging the notice dated 31.03.2023
issued under Section 148A(b) of the Income-tax Act, 1961, a corrigendum dated
28.04.2023, the order dated 27.04.2023 passed under Section 148A(d), and the
consequential notice dated 27.04.2023 issued under Section 148 for Assessment
Year 2019-20.
The petitioner had
filed its return of income for AY 2019-20 on 08.11.2019 and a revised return on
10.06.2020. Based on information regarding inward and outward remittances
through bank accounts allegedly not commensurate with the declared income, a
show cause notice under Section 148A(b) was issued on 31.03.2023. The
petitioner furnished a detailed reply explaining that the transactions were
duly accounted business receipts and payments and that certain remittances did
not pertain to the relevant year.
On 27.04.2023, the
Assessing Officer passed an order under Section 148A(d) accepting the
petitioner’s explanation and expressly holding that initiation of proceedings
under Section 147 was not warranted, thereby dropping the proceedings with
prior approval of the Principal Commissioner of Income Tax. However, in the
early hours of 28.04.2023, multiple emails were issued, including a notice
under Section 148, a corrigendum declaring the earlier order null and void, and
a second order under Section 148A(d) taking a completely contrary view and
holding that it was a fit case for issuance of notice under Section 148.
Issues Involved
Whether the
Assessing Officer has the power to review or revise an order passed under
Section 148A(d) of the Act, whether issuance of a fresh order under Section
148A(d) after dropping proceedings is permissible in law, and whether the
notice issued under Section 148 was barred by limitation under Section 149
after applying the fifth and sixth provisos.
Petitioner’s
Arguments
The petitioner
contended that once an order under Section 148A(d) was passed dropping the
proceedings, the Assessing Officer became functus officio and had no authority
to review or reverse that decision. It was argued that the subsequent order was
not a clerical correction but a complete change of opinion, which is
impermissible in absence of any statutory power of review. The petitioner
further contended that the notice under Section 148 was issued beyond
limitation, as the maximum permissible period expired on 27.04.2023 after
applying the exclusions and extensions under the fifth and sixth provisos to
Section 149.
Respondent’s
Arguments
The Revenue argued
that the initial order dated 27.04.2023 dropping the proceedings was erroneous
and contrary to the approval granted by the Principal Commissioner of Income
Tax for reopening. It was contended that the subsequent order merely corrected the
earlier mistake and that the reassessment proceedings were validly initiated.
The Revenue sought to justify the issuance of the corrigendum and the second
order under Section 148A(d).
Court Order /
Findings
The Delhi High
Court held that Section 148A(d) vests the Assessing Officer with the authority
to decide whether it is a fit case to issue a notice under Section 148, and
once such a decision is taken, the Assessing Officer has no power to review or
revise the same. The Court found that the first order dated 27.04.2023 clearly
accepted the petitioner’s explanation and dropped the proceedings, and the
subsequent order took a diametrically opposite view based on fresh reasoning.
This, the Court held, was not a clerical or typographical correction but an
impermissible review, which is not sanctioned by law.
On limitation, the
Court held that the case was governed by Section 149(1)(a) and not Section
149(1)(b). The last date for issuance of notice under Section 148 was
31.03.2023. After excluding the time granted to respond to the notice under
Section 148A(b) and applying the sixth proviso extending the period to seven
days, the outer limit expired on 27.04.2023. Since the impugned notice was
issued on 28.04.2023, it was clearly beyond limitation. The Court held that
this issue stood squarely covered by its earlier decision in Raminder Singh
vs. Assistant Commissioner of Income Tax.
Important
Clarification
The Court
clarified that approval of the specified authority cannot confer upon the
Assessing Officer a power of review that is not statutorily vested in him. Once
an order under Section 148A(d) is passed, the Assessing Officer becomes functus
officio. It was also clarified that limitation under Section 149 is mandatory
and cannot be circumvented by procedural improvisations.
Final Outcome
The writ petition
was allowed. The Delhi High Court set aside the impugned order passed under
Section 148A(d), the corrigendum dated 28.04.2023, and the notice issued under
Section 148 for Assessment Year 2019-20. The reassessment proceedings were held
to be invalid in law. The pending application was disposed of accordingly.
Link to
Download Order- https://www.mytaxexpert.co.in/uploads/1769594552_BABAGLOBALLTDVsASSISTANTCOMMISSIONEROFINCOMETAXCENTRALCIRCLE29ORS..pdf
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