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Case lawHigh Court › Ranbaxy Laboratories Ltd v CIT
High CourtHelps taxpayerValidity unconfirmeds.147s.148s.148(2)s.80HHs.80-Is.143(1)(a)s.260A

Ranbaxy Laboratories Ltd v CIT

Same point, in Delhi: if the recorded grounds fail, can the officer still tax an unrelated item?

Same point, in Delhi: if the recorded grounds fail, can the officer still tax an unrelated item?

No. Once the officer accepts that the recorded items did not escape assessment, it means he had no reason to believe, and the notice becomes invalid. Every new issue needs a fresh s.148 notice.

Decided by the High Court (Delhi High Court - A.K. Sikri and M.L. Mehta, JJ.) on 2011-06-03, reported as [2011] 12 taxmann.com 74 (Delhi) / (2011) 336 ITR 136 (Delhi) / (2011) 200 Taxman 242 (Delhi) / (2011) 242 CTR 117 (Delhi); IT Appeal No. 148 of 2008. It bears on section 147, section 148, section 148(2), section 80HH, section 80-I, section 143(1)(a), section 260A of the Income Tax Act 1961, in Reassessment & Reopening matters.

Validity check could not be completed. No later decision applying, following or affirming this judgment was read. The full report carries no citator entry, and nothing recording an SLP, a stay or a reversal appears either. The judgment follows the Bombay High Court in CIT v. Jet Airways (I) Ltd. (2011) 331 ITR 236 and expressly holds that Vipin Khanna v. CIT (2002) 255 ITR 220 (P&H) and Travancore Cements Ltd. v. Asstt. CIT (2008) 305 ITR 170 (Ker) no longer hold the field after Explanation 3. The same caution applies as for Jet Airways: the reasoning rests on the words 'and also' in the pre-2021 s.147, and a comparative analysis of the two reassessment regimes says the omission of that limb from the substituted s.147 takes away the foundation of this reasoning for notices issued on or after 1 April 2021.

Why it matters

Worth holding alongside Jet Airways so the point is available in either jurisdiction. The added detail here is the requirement of a fresh notice for each new issue, which is a separate and often decisive objection.

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

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

Other authorities on the same sections.