M/S. MANGALAM PUBLICATIONS, KOTTAYAM vs COMMISSIONER OF INCOME TAX, KOTTAYAM — C.A. No. 8580 - 8582/2011

Case under Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [Other Than Matters Covered by Categories 1602-1605] Section XI-B. Status: Disposed.

Disposed

CNR: SCIN010253892010

Filing Date

12-Aug-2010

Registration No

C.A. No. 8580 - 8582/2011

Diary Number

25389/2010

Order Date

23-Jan-2024

Document Type

Judgement - of Main Case

Neutral Citation

2024 INSC 53

Disposal Type

Appeals Allowed

Last updated 06-Jul-2026

Acts & Sections

Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605] Section XI-B

Petitioner(s)

  1. 1.M/S. MANGALAM PUBLICATIONS, KOTTAYAM

    Adv. LIZ MATHEW (Dead / Retired / Elevated)

Respondent(s)

  1. 1.COMMISSIONER OF INCOME TAX, KOTTAYAM

    Adv. B. V. BALARAM DAS (Dead / Retired / Elevated) RAJ BAHADUR YADAV[R-1]

Case History

  1. Case disposedDisposed

  2. 23-Jan-2024

    Judgement - of Main CaseView PDF

  3. 23-Jan-2024

    ROP - of Main CaseView PDF

  4. 23-Jan-2024

    Fixed Date by Court

    Hon'ble Mr. Justice Abhay S. Oka and Hon'ble Mr. Justice Ujjal Bhuyan

  5. 14-Sep-2023

    ROP - of Main CaseView PDF

  6. 14-Sep-2023

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  7. 13-Sep-2023

    ROP - of Main CaseView PDF

  8. 13-Sep-2023

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  9. 31-Aug-2023

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  10. 24-Aug-2023

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  11. 23-Aug-2023

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  12. 17-Aug-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  13. 16-Aug-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  14. 26-Jul-2023

    ROP - of Main CaseView PDF

  15. 26-Jul-2023

    Fixed Date by Court

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  16. 20-Jul-2023

    ROP - of Main CaseView PDF

  17. 20-Jul-2023

    After Week/Month/Vacation

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  18. 19-Jul-2023

    After Week/Month/Vacation

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  19. 20-Apr-2023

    ROP - of Main CaseView PDF

  20. 20-Apr-2023

    First hearing

    Initial hearing scheduled

  21. 11-Sep-2014

    ROP - of Main CaseView PDF

  22. 11-Sep-2014

    ROP - of Main CaseView PDF

  23. 09-Jul-2014

    ROP - of Main CaseView PDF

  24. 20-Feb-2014

    ROPView PDF

  25. 18-Feb-2014

    ROPView PDF

  26. 29-Oct-2013

    ROPView PDF

  27. 26-Sep-2013

    ROPView PDF

  28. 12-Aug-2013

    ROPView PDF

  29. 08-Aug-2013

    ROPView PDF

  30. 07-Aug-2013

    ROPView PDF

  31. 03-May-2013

    ROPView PDF

  32. 11-Apr-2013

    ROPView PDF

  33. 12-Mar-2013

    ROPView PDF

  34. 19-Feb-2013

    ROPView PDF

  35. 07-Feb-2013

    ROPView PDF

  36. 04-Jan-2013

    ROPView PDF

  37. 10-Oct-2011

    ROP - of Main CaseView PDF

  38. 26-Sep-2011

    ROP - of Main CaseView PDF

  39. 27-Sep-2010

    ROPView PDF

  40. 20-Sep-2010

    ROP - of Main CaseView PDF

  41. 12-Aug-2010

    Case filed

    Registration No. C.A. No. 8580 - 8582/2011

  42. [ 2024 INSC 53 ]

    Judgement - of Main CaseView PDF

View Full Judgment
casestatus.in Summary

Summary: M/S. MANGALAM PUBLICATIONS v. COMMISSIONER OF INCOME TAX Court Decision: The Supreme Court allowed the assessee's appeals and set aside the High Court's order, restoring the Tribunal's decision that the reassessment proceedings were barred by limitation and lacked proper legal basis. Key Facts: Mangalam Publications, a publishing firm, had books of account seized by the Income Tax Department in a 1985 search. The assessee subsequently filed income tax returns for assessment years 1990-91, 1991-92, and 1992-93 without regular balance sheets (due to the seized materials). The department later obtained a balance sheet submitted to a bank for credit purposes and, comparing it to a 1993-94 balance sheet, concluded income had escaped assessment and issued reassessment notices over eight years later. Core Ruling: The Court held that reassessment under Section 147 of the Income Tax Act cannot be based on a "change of opinion" or subjective reanalysis of the same facts. The assessing officer relied on a balance sheet previously declared unreliable by the CIT(A) itself, creating no new material evidence. Since the assessee had disclosed all primary facts required during original assessment (despite lacking books), and made no false declarations, the reopening constituted an impermissible change of opinion rather than basis reassessment. This case analysis is maintained by casestatus.in based on publicly available court records.

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