FACTS OF THE CASE
- The
assessee entered into a Secondment Agreement dated 30.05.2011 with
Godfrey Philips India Ltd. (GPI).
- Payments
of ₹14.33 crore were made to GPI on a cost-to-company basis
without markup.
- The
assessee earned ₹22.74 crore as professional fees, including
substantial revenue from GPI.
- Seconded
employees provided consultancy services to group companies including
GPI.
- The
AO held the agreement to be non-genuine and disallowed 50% of
expenses.
- CIT(A) and ITAT ruled in favor of the assessee, allowing deduction.
ISSUES INVOLVED
- Whether
expenditure on seconded employees is allowable as business expenditure
under Section 37(1)?
- Whether
the Assessing Officer was justified in treating the secondment agreement
as non-genuine?
- Whether
the High Court can interfere under Section 260A in presence of concurrent
factual findings?
- Applicability of the principle of consistency in income tax proceedings.
PETITIONER’S ARGUMENTS (REVENUE)
- The
AO rightly disallowed 50% of the cost, as services were rendered to
multiple group entities.
- The
secondment agreement lacked genuineness.
- Orders of CIT(A) and ITAT required reversal for incorrect appreciation of facts.
RESPONDENT’S ARGUMENTS (ASSESSEE)
- The
agreement was genuine and operational since AY 2011-12.
- Expenses
were incurred wholly and exclusively for business purposes.
- Income
earned from such services was duly offered to tax.
- Concurrent findings of fact by CIT(A) and ITAT should not be disturbed.
COURT FINDINGS / ORDER
- No substantial
question of law arose under Section 260A.
- The
secondment arrangement was long-standing and accepted in earlier years.
- The
Revenue had not raised objections in prior years, weakening its
case.
- Findings
of CIT(A) and ITAT were pure findings of fact and not perverse.
- Appeal of Revenue was dismissed.
IMPORTANT CLARIFICATION
- Though
res judicata does not apply in income tax proceedings, the principle
of consistency must be followed.
- Reliance
placed on:
Radhasoami Satsang vs Commissioner of Income Tax (1992) 193 ITR 321 - Established business arrangements should not be disturbed without material change.
Link to download the order - https://delhihighcourt.nic.in/app/showFileJudgment/RAS29032023ITA1932023_150508.pdf
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