VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case lawCBDT Circulars & Instructions › Statutory position — s.96: what makes an arrangement impermissible — the main-purpose test, the four tainted elements, and the s.96(2) presumption that shifts the burden onto you
CBDT Circulars & InstructionsCuts both wayss.96s.96(1)s.96(2)s.95s.97s.98s.100s.102s.144BA

Statutory position — s.96: what makes an arrangement impermissible — the main-purpose test, the four tainted elements, and the s.96(2) presumption that shifts the burden onto you

The Commissioner's notice under s.144BA(2) says my arrangement is an impermissible avoidance arrangement. What exactly does the Revenue have to establish, and who has to prove what?

The Commissioner's notice under s.144BA(2) says my arrangement is an impermissible avoidance arrangement. What exactly does the Revenue have to establish, and who has to prove what?

Section 96(1) is a two-limb test and BOTH limbs must be satisfied. The arrangement must be one "the main purpose of which is to obtain a tax benefit", AND it must additionally have at least one of four tainted elements — rights or obligations not ordinarily created between persons dealing at arm's length; misuse or abuse of the provisions of the Act; lacking or deemed to lack commercial substance under s.97, in whole or in part; or being entered into or carried out by means or in a manner not ordinarily employed for bona fide purposes. Section 96(2) then supplies a presumption that works against you: if the main purpose of a STEP in, or a part of, the arrangement is to obtain a tax benefit, the whole arrangement is presumed to have been entered into for that main purpose — "unless it is proved to the contrary by the assessee" — even though the main purpose of the whole arrangement was not a tax benefit.

Decided by the CBDT Circulars & Instructions (Not applicable — statutory text) on 2018-04-01, reported as Section 96 of the Income-tax Act, 1961, transcribed from incometaxindia.gov.in/w/section-96-1 (heading "Impermissible avoidance arrangement", Year: 2013) and confirmed word for word against section 96 of the Finance Act, 2013 (Act 17 of 2013) at indiankanoon.org/doc/171144547/; the superseded Finance Act 2012 text read on incometaxindia.gov.in/w/section-96 (Year: 2012). It bears on section 96, section 96(1), section 96(2), section 95, section 97, section 98, section 100, section 102, section 144BA of the Income Tax Act 1961, in How Tax Law Is Read, Assessment & Scrutiny and Evidence & Burden of Proof matters.

Still good law. The text is current so far as I could establish: it is the Finance Act 2013 substituted text, printed on a departmental page stamped Year 2013 and confirmed against the substituting Finance Act provision itself on an independent site. The only later departmental suffix probed, /w/section-96-2, turned out to be the 1961 super-tax section, so no post-2013 version of s.96 was found; higher suffixes were not probed and a later version cannot be excluded on this evidence. No check of judicial treatment of the section was made beyond the decisions named in the editor note.

Why it matters

Four points decide these cases. First, "the main purpose", not "a purpose": the Finance Act 2012 version of s.96(1) read "the main purpose or one of the main purposes of which is to obtain a tax benefit", and those five extra words were dropped when the Chapter was substituted. The version in force asks for THE main purpose, which is a materially higher threshold, and a departmental case built on showing that tax was ONE of several purposes does not meet the section as enacted. Second, the two limbs are cumulative — the word between the main-purpose limb and the four tainted elements is "and". An arrangement that is tax-driven but arm's length, commercially substantial, bona fide and involving no misuse of the Act is not caught, however much tax it saves. Third, the four tainted elements are alternatives among themselves (the list ends "; or"), so the Revenue needs only one; and the third of them incorporates the whole of s.97, which is where most of the real fighting happens. Fourth, s.96(2) is the provision that costs taxpayers cases. It is a rebuttable presumption, and the burden of rebutting it is placed expressly on the assessee; but note that the Finance Act 2012 version contained no words of rebuttal at all, so the words "unless it is proved to the contrary by the assessee" were a taxpayer-favourable addition and should be used as such. Read with the Explanation to s.95, which allows the Chapter to be applied to a single step, s.96(2) is how a tax-motivated step inside an otherwise commercial transaction pulls the whole arrangement into the Chapter.

Binding on the department, not on the assessee or the courts. An assessee may rely on a circular that is beneficial to them.

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Related

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