TaxTMI 
TaxTMI 
2022 (1) TMI 1443
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.... W.P.(C) 30/2022 & CM Nos. 56-57/2022, W.P.(C) 36/2022 & CM Nos. 67-68/2022, W.P.(C) 39/2022 & CM Nos. 70-71/2022, W.P.(C) 46/2022 & CM Nos. 82-83/2022, W.P.(C) 57/2022 & CM Nos. 103-04/2022, W.P.(C) 58/2022 & CM Nos. , W.P.(C) 59/2022 & CM Nos. 105-06/2022, W.P.(C) 60/2022 & CM Nos. 107-08/2022, W.P.(C) 62/2022 & CM Nos. 110-11/2022, W.P.(C) 74/2022 & CM Nos. 135-36/2022, W.P.(C) 75/2022 & CM Nos. 137-38/2022, W.P.(C) 76/2022 & CM Nos. 139-40/2022, W.P.(C) 77/2022 & CM Nos. 141-42/2022, W.P.(C) 78/2022 & CM Nos. 143-44/2022, W.P.(C) 79/2022 & CM Nos. 145-46/2022, W.P.(C) 80/2022 & CM Nos. 147-48/2022, W.P.(C) 81/2022 & CM Nos. 149-50/2022, W.P.(C) 82/2022 ....
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....tal Huf, Sachi Gupta, Rajnish Puri, Madhu Sudan Goyal, Manju Bansal, Pankaj Singla, Jyoti Goel, Madhu Sudan Goyal, Shri Kamal Pahuja, Tv Live India Pvt Ltd, Yograj Arya, Internet Exports India Llp, B.R. Bhatia And Sons Huf, Tv Live India Pvt Ltd, Ramakrishna Buildwell Private Limited, Sonal Gupta, Kuldeep Mann, R N Khemka Enterprises Pvt Ltd, Manju Bansal, Rajesh Kumar Choudhary, J J Tradelinks Pvt Ltd, Madhu Sudan Goyal (Huf), R N Khemka Enterprises Pvt Ltd, Jsl Limited, Tv Live India Pvt Ltd, Suresh Kumar Munjal, Madhu Sudan Goyal Huf, Champion El Com Pvt Ltd, Aarti Fabricott Private Limited, Arun Gupta, Vras Agro Infratech Private Limited, Zel Jewellers Limited, Saiba Agarwal, Versus ACIT Circle 28(1) New Delhi & Ors; Principal Commissio....
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...., 2021; however, the Finance Act, 2021 has merely changed the procedure to be followed prior to issuance of notice with effect from 1st April, 2021. 99. This Court is of the opinion that Section 3(1) of Relaxation Act empowers the Government/Executive to extend only the time limits and it does not delegate the power to legislate on provisions to be followed for initiation of reassessment proceedings. In fact, the Relaxation Act does not give power to Government to extend the erstwhile Sections 147 to 151 beyond 31st March, 2021 and/or defer the operation of substituted provisions enacted by the Finance Act, 2021. Consequently, the impugned Explanations in the Notifications dated 31st March, 2021 and 27th April, 2021 are not conditional le....
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.... Also, the arguments of the respondents qua non-obstante clause in Section 3(1) of the Relaxation Act, 'legal fiction' and 'stop the clock provision' are contrary to facts and untenable in law. 103. Consequently, this Court is of the view that the Executive/Respondents/Revenue cannot use the administrative power to issue Notifications under Section 3(1) of the Relaxation Act, 2020 to undermine the expression of Parliamentary supremacy in the form of an Act of Parliament, namely, the Finance Act, 2021. This Court is also of the opinion that the Executive/Respondents/Revenue cannot frustrate the purpose of substituted statutory provisions, like Sections 147 to 151 of Income Tax Act, 1961 in the present instance, by emptying it of content or....