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Case lawSupreme Court › Gemini Leather Stores v ITO
Supreme CourtHelps taxpayers.147s.148

Gemini Leather Stores v ITO

The Income-tax Officer found my undisclosed drafts during the original assessment, questioned my partner about them, and then did nothing. Can he reopen years later saying I failed to disclose them?

The Income-tax Officer found my undisclosed drafts during the original assessment, questioned my partner about them, and then did nothing. Can he reopen years later saying I failed to disclose them?

No. The Supreme Court quashed the notice. The Income-tax Officer had himself discovered the drafts, put them to a partner of the firm, recorded in his best judgment assessment order that the money must belong to the firm, and then failed to bring the amounts to tax. Once he had all the primary facts it was for him to make the enquiries and draw the inferences. His failure to do so was plainly an oversight, and he could not use section 147(a) to remedy an error resulting from his own oversight. Section 143 was cited in the notice; the proceedings were quashed.

Decided by the Supreme Court (Supreme Court of India - A.C. Gupta and R.S. Sarkaria, JJ (judgment delivered by Gupta, J)) on 1975-05-01, reported as AIR 1975 SC 1268; (1975) 100 ITR 1 (SC); (1975) 4 SCC 375; 1975 Tax LR 498. It bears on section 147, section 148 of the Income Tax Act 1961, in Reassessment & Reopening matters.

Still good law. Routinely applied on reopening where the material was already before the officer; the harvested page records it as cited in well over a hundred later decisions. Section 147 has since been recast, with effect from 1 April 1989 and again from 1 April 2021, so the clause (a) and clause (b) structure the judgment works with no longer exists in those words.

Why it matters

This is the short, blunt authority for the proposition that discovery by the officer cures the non-disclosure. It goes a step beyond Calcutta Discount: the assessee here had in fact not disclosed the draft transactions, but because the officer unearthed them, questioned the partners and recorded his conclusion in the assessment order, the primary facts were before him and the omission limb of section 147(a) could no longer be invoked. Practitioners use it whenever the reasons recorded for reopening rest on material that is visible on the face of the original assessment record, the questionnaire, or the officer's own order. It is the counterpart of Parashuram Pottery, decided a year later, and both are traced back to Calcutta Discount.

Binding on every court and authority in India.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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Related

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