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Case lawHigh Court › CIT v S.R. Batliboi & Associates
High CourtHelps taxpayerHigh Courts differs.184s.184(4)s.185s.40(b)s.139(4)s.139(9)s.292Bs.260A

CIT v S.R. Batliboi & Associates

The revised partnership deed was not filed with the return but was produced during the assessment. Does s.185 still disallow the partners' remuneration?

The revised partnership deed was not filed with the return but was produced during the assessment. Does s.185 still disallow the partners' remuneration?

No, on this judgment. The Calcutta High Court held that s.185 read with s.184, although worded in emphatic terms, is not intended to be mandatory. The Assessing Officer had refused to treat the return as defective under s.139(9); having refused that, he could not simultaneously hold the return to be in derogation of s.184(4) and disallow the deduction. The disallowance of Rs. 4,49,60,000 of partners' remuneration was deleted.

Decided by the High Court (Girish Chandra Gupta J and Arindam Sinha J) on 2015-02-24, reported as I.T.A. No. 190 of 2009 (High Court at Calcutta, Special Jurisdiction (Income Tax), Original Side). No law report citation appeared on the copy retrieved.. It bears on section 184, section 184(4), section 185, section 40(b), section 139(4), section 139(9), section 292B, section 260A of the Income Tax Act 1961, in Assessment & Scrutiny and Deductions & Disallowances matters.

High Courts differ on this point. The Calcutta High Court holds that s.185 read with s.184 is not mandatory where the instrument was produced before the assessment was completed. The Kerala High Court in M/s Bhaskar & Co v. CIT, I.T.A. Nos. 454 and 457 of 2009, decided 15 September 2009, holds that production of the certified copy of the instrument of partnership is mandatory for assessment in the status of a firm, and expressly declined to decide whether production after the return but before completion of the assessment is sufficient compliance. No Supreme Court decision resolving the difference was located. Section 184 and s.185 were not affected by the Finance Act 2021 partnership amendments.

Why it matters

Failure to annex the deed after a change in constitution is a common and easily made slip, and s.185 on its face wipes out the entire deduction for interest, salary, bonus, commission and remuneration. This is the High Court authority for treating it as a curable irregularity. It is not, however, the only view: the Kerala High Court in Bhaskar & Co has described production of the certified copy as mandatory, so know which High Court you are in.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

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