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Case lawITAT › Gyanchand M. Bardia v ITO — a sum received by a member from his HUF is not received 'without consideration' at all, and the Tribunal's own contrary order for the earlier year was distinguished
ITATHelps taxpayerValidity unconfirmeds.56(2)(vii)s.10(2)s.250(6)

Gyanchand M. Bardia v ITO — a sum received by a member from his HUF is not received 'without consideration' at all, and the Tribunal's own contrary order for the earlier year was distinguished

The Tribunal decided this very issue against my client in an earlier assessment year. Same facts, next year. Am I bound by it?

The Tribunal decided this very issue against my client in an earlier assessment year. Same facts, next year. Am I bound by it?

Not necessarily. The Ahmedabad Bench, on the same assessee and the same issue, declined to follow the Tribunal's order for AY 2012-13 and deleted the addition, holding — following the Chandigarh Bench in Pankil Garg — that a member has a pre-existing right in the property of the HUF, so an amount given to him from that property is not a sum received without consideration or a gift at all, and section 56(2)(vii) is not attracted. The earlier order was distinguished on the footing that it had proceeded on the premise that the payment was a gift, a premise held incorrect in law.

Decided by the ITAT (Ms Annapurna Gupta, Accountant Member and Shri T.R. Senthil Kumar, Judicial Member) on 2022-03-25, reported as ITA No. 2244/Ahd/2017 (ITAT Ahmedabad 'B' Bench, conducted through virtual court). It bears on section 56(2)(vii), section 10(2), section 250(6) of the Income Tax Act 1961, in Gifts, Shares & Angel Tax, How Tax Law Is Read and Appeals matters.

Validity check could not be completed. Validity check could not be completed, and the label understates a genuine conflict. The Bench itself records that the Tribunal decided the identical issue against this same assessee for AY 2012-13. That is a conflict between coordinate Tribunal benches, not between High Courts, so 'high courts differ' would be the wrong label. Pankil Garg, the decision followed, is already in this library. No High Court decision on the point was located and I did not search for one systematically, nor for any appeal against this order.

Why it matters

Two distinct uses. Substantively, this is the strongest formulation of the HUF-to-member argument, because it does not require the reader to accept that an HUF is a 'relative' — it says the charge is never triggered, since nothing is received without consideration. That defeats the department's best point, which is that the Explanation's HUF limb speaks only of an HUF as recipient. Procedurally, it shows how a Bench may depart from an order in the assessee's own earlier year: not by refusing to follow it, but by identifying a legal premise in it that a later decision has shown to be wrong. The order is also an honest map of the split: the Bench records at paras 10 to 12 that the Tribunal has consistently held such payments outside the section, that the only decision the other way is the assessee's own for AY 2012-13, that the Departmental Representative pointed to no other, and that Pankil Garg approached the question from a different perspective altogether.

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

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Related

Other authorities on the same sections.