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Case lawHigh Court › Sevensea Vincom P Ltd v PCIT
High CourtHelps taxpayerValidity unconfirmeds.148s.148As.148A(b)s.148A(d)s.149s.149(1)(a)s.149(1)(b)s.147s.151s.156

Sevensea Vincom P Ltd v PCIT

They reopened AY 2016-17 in 2022 for under Rs 50 lakh. Is the notice time-barred?

They reopened AY 2016-17 in 2022 for under Rs 50 lakh. Is the notice time-barred?

Yes. The Jharkhand High Court held the three-year period for AY 2016-17 ended on 31 March 2020, and because the Department itself alleged escapement of only Rs. 39,21,450 the extended ten-year window in s.149(1)(b) was unavailable. The whole proceeding was without jurisdiction.

Decided by the High Court (Jharkhand High Court at Ranchi, Division Bench — Justice Rongon Mukhopadhyay and Justice Deepak Roshan) on 2023-12-11, reported as W.P.(T) No. 2815 of 2023; [2024] 159 taxmann.com 500 (Jharkhand) / [2024] 465 ITR 331 (Jharkhand). It bears on section 148, section 148A, section 148A(b), section 148A(d), section 149, section 149(1)(a), section 149(1)(b), section 147, section 151, section 156 of the Income Tax Act 1961, in Reassessment & Reopening matters.

Read this before you cite it. Check the TOLA surviving-time computation before relying on this. The Court decided the case on the plain s.149 count without addressing the Revenue's TOLA and Ashish Agarwal case at all, although the original notice of 30 June 2021 places the matter squarely in that batch. Union of India v. Rajeev Bansal (SC, 3 October 2024) requires both the s.149 period and the surviving TOLA time to be computed. The Rs. 50 lakh threshold holding is unaffected by TOLA, but the limitation arithmetic in this order is not the whole test.
Validity check could not be completed. No later decision applying, following or affirming this order was found on the database, and the report carries no citator banner and no CASE REVIEW entry. Absence of contrary authority is not confirmation. The order should in any event be read with care: the first s.148 notice for AY 2016-17 issued on 30 June 2021, so the case belongs to the batch governed by Union of India v. Ashish Agarwal, and the Revenue expressly relied on TOLA and the CBDT notifications of 31 March 2021 and 27 April 2021. The Court did not engage with that argument and computed no surviving TOLA time — it applied the plain three-year count and the Rs. 50 lakh threshold and stopped there.

Why it matters

A Division Bench of the Jharkhand High Court at Ranchi, binding in Jharkhand, treating s.149 as a jurisdictional bar rather than a procedural timetable. The practical value is the consequence: because the initiation was void, the s.148A(d) order, the s.148 notice, the reassessment and the demand notice all fell with it, and the Court did not need to reach the assessee's alternative grounds on approval and non-consideration of replies. It is the cleanest local authority for arguing the Rs. 50 lakh threshold on the Department's own figures.

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.

Used in these worked examples

Notice situations where this decision carries one of the steps.
A s.148 notice for AY 2020-21 arrived in May 2025 alleging Rs 62 lakh escapedIs this notice inside the s.149 window at all, and does the Rs 50 lakh limb actually apply to this year?The s.148 notice for AY 2021-22 came from our ward officer, not through automated allocationIs a reassessment notice issued by the jurisdictional Assessing Officer rather than the faceless unit still worth challenging?