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Case lawITAT › Finesse International Design Pvt Ltd v Addl. CIT
ITATHelps taxpayerValidity unconfirmeds.271DAs.269STs.271D

Finesse International Design Pvt Ltd v Addl. CIT

The Addl. CIT says we split one customer's bill into two so each stayed under Rs 2,00,000. Is that a s.269ST violation?

The Addl. CIT says we split one customer's bill into two so each stayed under Rs 2,00,000. Is that a s.269ST violation?

On these facts the Tribunal deleted the s.271DA penalty, holding that where a customer bought several genuinely different items and separate invoices were raised for them, the breach was at most technical or venial and Hindustan Steel applied. But read the order for what it does not say: it never identifies which of the three limbs of s.269ST the Department invoked, and it does not deal with the 'in a day' limb, which aggregates everything received from one person in one day irrespective of how many bills were raised.

Decided by the ITAT (Kul Bharat, Judicial Member and Dr. B.R.R. Kumar, Accountant Member) on 2024-04-02, reported as ITA No. 2561/Del/2022; Assessment Year 2018-19; Income Tax Appellate Tribunal, Delhi Bench 'H'. It bears on section 271DA, section 269ST, section 271D of the Income Tax Act 1961, in Cash Transaction Limits, Penalty and Evidence & Burden of Proof matters.

Validity check could not be completed. Validity check could not be completed. I did not locate any later decision following, distinguishing or doubting this order, and I did not check whether the Revenue appealed. The reasoning is short and does not engage the 'in a day' limb of s.269ST, so a later bench could readily distinguish it; do not present it as settling that bill-splitting is outside the section.

Why it matters

This is the commonest s.269ST charge in retail and it is almost always framed loosely. Section 269ST bars receiving Rs 2,00,000 or more from a person (a) in aggregate in a day, (b) in respect of a single transaction, and (c) in respect of transactions relating to one event or occasion. Bill-splitting is answered by limb (a), not by limb (b), so an assessee who argues only that the invoices were for 'different items' is answering the wrong limb. This order is useful because the Tribunal accepted the different-items explanation, but it is a thin authority: one of the invoices in the table reproduced in the order is itself Rs 11,53,000, which engages the single-transaction limb on its own, and the order does not address that. Use it as a reasonable-cause precedent, not as a proposition that separate invoices defeat s.269ST.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

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Related

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