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Bombay High Court

Arcil- Retail Loan Portfolio-004 D ... vs Principal Commissioner Of Income Tax - ... on 28 March, 2019

Bench: Akil Kureshi, Sarang V. Kotwal

                                                                                                8. os wpl 827-830-19.doc

R.M. AMBERKAR
 (Private Secretary)
                         IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                                               O.O.C.J.

                                        WRIT PETITION (L) NO. 827 OF 2019

                       ARCIL-Daewoo Motors Limited Trust, Mumbai & Anr.                   ..    Petitioners
                                    Versus
                       Pr. Commissioner of Income Tax -21, Mumbai & Ors.                  ..    Respondents


                                                     WITH
                                        WRIT PETITION (L) NO. 830 OF 2019


                       ARCIL- Retail Loan Portfolio-004 D Trust, Mumbai & Anr. ..               Petitioners

                                    Versus
                       Pr. Commissioner of Income Tax -21, Mumbai & Ors.                  ..    Respondents

                                                    ...................
                        Mr. Jitendra Jain i/by Mr. Atul Jasani for the Petitioners
                        Mr. Sham Walve for the Resondents
                                                            ...................

                                                    CORAM         : AKIL KURESHI &
                                                                     SARANG V. KOTWAL, JJ.

                                                     DATE       :    MARCH 28, 2019.

                       P.C.:

                       1.       Heard learned counsel for the parties for final disposal

                       of the petitions.



                       2.       Undisputed             position       is          that         under          identical

                       circumstances, group of Petitions being Writ Petition No. 810

                       of 2019 and connected petitions came to be disposed of by



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this Court by an order dated 22.3.2019 in following manner:

      "2.              The Petitioners have challenged an order dated
      13/02/2019 passed by the Respondent No.2 Income Tax Officer and
      another       order    dated   05/03/2019   passed     by    the     Principle
      Commissioner of Income Tax. Under such orders, the Petitioners are
      directed to deposit 20% of the tax demand arising out of the order of
      assessment dated 24/12/2018. The Petitioners pray that the entire
      tax recovery be stayed pending Petitioners' Appeal before the
      Appellate Commissioner. The Petitioners' main ground in support of
      their prayer is that the ground on which the additions are made by the
      Assessing Officer in the order of assessment, is already reversed by
      the Appellate Commissioner in case of another Assessee. According
      to the Petitioner, the facts being identical, the Petitioners should also
      get the benefit of such order of the Appellate Commissioner. In view
      of the facts, the Petitioners request that the entire tax demand be
      suspended pending consideration of the Petitioners' Appeal.
      Learned Senior Advocate appearing for the Petitioners submitted that
      even the CBDT circular which lays down general guidelines for
      deposit of tax pending Appeal, recognizes a situation where on
      similar issue the Appellate Authority or the Tribunal has already taken
      a decision in favour of the Assessee. In such circumstances, formula
      of depositing 20% tax pending Appeal, can be relaxed.


      3.               In our order dated 14/03/2019, in paragraphs 2 to 5, we
      had outlined the factual and legal controversies arising in this Petition
      in the following manner :
              "2.      The petitioner is a trust. The object of the trust is to
              acquire Non-Performing Assets ("NPAs" for short) by banks
              and recover dues from the defaulters. For the assessment
              year 2016-17, the Assessing Officer passed an order of
              assessment on 24.12.2018 making certain disallowances and
              additions in the hands of the assessee which has given rise to
              a tax demand of Rs. 6.69 crores (rounded off). Against such

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            order of assessment, the petitioner has filed an appeal before
            the Commissioner (Appeals) on 16.1.2019.                  Pending such
            appeal, the petitioner first requested the Assessing Officer to
            keep tax demand in abeyance. The Assessing Officer passed
            an order on 13.2.2019 directing the petitioner to deposit 20%
            of the tax demand, upon which the rest of the recovery would
            be stayed. The petitioner thereupon approached the Principal
            Commissioner of Income Tax and requested for full waiver of
            recovery. The Commissioner rejected such a petition by the
            impugned order dated 5.3.2019.                Against this order, the
            petition has been filed. In other petitions, though figures are
            varying, the facts are common.


            3.       Learned counsel for the petitioner pointed out that the
            additions made by the Assessing Officer in the present set of
            assessment orders were made in hands of other similar trusts
            created under ARCIL.               Such order of assessment was
            challenged before the CIT(A) and by his order dated 3.1.2018,
            the appeal of the assessee was allowed and all the additions
            made by the Assessing Officer were deleted. When this fact
            was brought to the notice of the Commissioner while
            requesting for stay, the Commissioner in the impugned order,
            observed that such order of the appellate Commissioner has
            not been accepted by the Revenue and in other cases, no
            appeal could be filed due to low tax effect.


            4.       It would prima facie appear that the assessment orders
            in the present case are based on same additions and
            disallowances      which         under    similar    if   not     identical
            circumstances,      have     been        deleted    by    the    appellate
            Commissioner which order as of today holds the field. Under
            the circumstances, it would prima facie appear that no
            recovery       pending     the     appeal     before      the    appellate
            Commissioner could be carried out. This Court in the case of


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                UTI Mutual Fund Vs. ITO1 had observed that, "If the
                Assessing Officer has taken a view contrary to what has been
                held in the preceding previous years without there being a
                material change in facts or law, that is a relevant consideration
                in deciding the application for stay."


                5.       In the present case, prima facie, the Revenue is unable
                to point out any material change in the facts or law on the
                basis of which the Assessing Officer has made the additions."


        4.               The learned Counsel for the Revenue opposed these
        Petitions contending that the Respondent - authorities have passed
        orders which are in consonance with the CBDT's circular.                    The
        Petitioners have not made out any case for interference.


        5.               Having thus heard the learned Counsel for the parties
        and having perused the documents on record, it appears an
        undisputed position that the ground on which the Assessing Officer
        has made additions in the order of assessment giving rise to the tax
        demand, is already decided in favour of some other Assessee by the
        Appellate Commissioner in other proceedings.             Even though this
        Assessee in such Appellate proceedings is not the Petitioner,
        nevertheless, if the facts and law are identical, there is no reason
        why the present Petitioners also should not get the benefit of such
        Appellate order passed by the Commissioner in case of another
        Assessee.


        6.               In fact, the Respondent No.1 - Principal Commissioner
        of Income Tax, while rejecting the Petitioners' request for complete
        stay pending the Appeal, agreed that the issue is covered by the
        Appellate order. However, he observed that the Department has not
        accepted such decision of the Appellate Commissioner and has
        carried the matter before the Income Tax Appellate Tribunal. It is

1   (2012) 345 ITR 71 (Bom)

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    entirely open for the Department to carry the challenge against the
    order of Appellate Commissioner before the Tribunal. However, till
    such order is reversed by the Tribunal, the effect of such order would
    continue to apply. In other words, in view of the Appellate order,
    which is in force presently, the Department cannot take a stand that
    such order has no binding effect or that said order should be ignored
    for the purpose of deciding the condition of deposit of tax pending
    Appeal.


    7.                  In view of such facts, these Petitions are disposed of
    with the following directions :
                                         ORDER

(i) There shall be unconditional stay against the recovery of tax pending Appeals.

(ii) If the order of the Commissioner (Appeals) in case of Scheme A1 of ARCIL CPS 002 XI Trust is reversed by the Tribunal, it would be open for the Principal Commissioner of Income Tax to impose a suitable condition for the Assessee to deposit tax pending Appeals, which order shall be passed after giving a reasonable opportunity of hearing to the Petitioner.

(iii) The Petitioners shall not contribute to any delay in disposal of the Appeals. If in the opinion of the Department, the Petitioners are responsible for delay in disposal of the Appeals, it would be open for the Department to apply for recalling this order.

(iv) With these directions, all Petitions are disposed of.

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3. Without giving separate reasons, these petitions are also disposed of in terms of paragraph 7 of the said order.

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