Facts of the Case
The appellant, FIITJEE Ltd. (successor of Times A & M
(India) Ltd.), claimed deductions for:
- Web
advertisement expenses, and
- Depreciation
on purchase of customized software
for Assessment Years 2004-05 and 2005-06.
The Assessing Officer (AO) disallowed:
- Web
advertisement expenses as bogus, and
- Software
depreciation due to failure to prove genuineness, ownership, and actual
use.
The CIT(A) allowed the assessee’s claims. However,
the Income Tax Appellate Tribunal (ITAT) reversed the CIT(A)'s order and
restored the AO’s findings.
The assessee appealed before the Delhi High Court.
Issues Involved
- Whether
web advertisement expenses claimed by the assessee were genuine or merely
accommodation entries.
- Whether
depreciation on alleged purchase of customized software was allowable.
- Whether
findings of the ITAT were perverse and gave rise to a substantial question
of law.
- Whether reliance on earlier favorable orders for different assessment years was justified.
Petitioner’s Arguments (Assessee)
- The
ITAT ignored material evidence, including the cross-examination of Shri
S.K. Gupta, who confirmed that actual services were rendered.
- Payments
were made through banking channels, establishing genuineness.
- Similar
additions in earlier years and group cases were deleted and upheld by
courts.
- The
findings of ITAT were perverse and contrary to evidence.
Respondent’s Arguments (Revenue)
- The
assessee failed to prove:
- Existence
of service providers
- Actual
rendering of web advertisement services
- Authenticity
and use of software
- Enquiries
revealed:
- Companies
did not exist at given addresses
- No
compliance to summons under Sections 131 and 133(6)
- Technology
claimed (JSP) was not even available at the relevant time
- Transactions
were accommodation entries, not genuine business expenses.
Court’s Findings / Order
The Delhi High Court held:
- The
ITAT conducted detailed factual analysis and its findings were plausible
and evidence-based.
- The
assessee failed to substantiate genuineness of:
- Web
advertisement expenses
- Software
purchase and usage
- Statement
of Shri S.K. Gupta was not the sole basis of disallowance.
- Earlier
favorable decisions in other assessment years do not bind the
present case since each year is independent.
- No
perversity was found in ITAT’s order.
Held:
No substantial question of law arises.
Appeals dismissed.
Important Clarifications by the Court
- Mere
payment through banking channels is not sufficient to prove
genuineness when accommodation entries are suspected.
- Burden
of proof lies on the assessee to establish:
- Actual
services rendered
- Ownership
and use of software
- Each
assessment year is separate and independent.
- A
finding of fact becomes “perverse” only if:
- Based
on no evidence
- Or wholly unreasonable
Sections Involved
- Section
131 – Power regarding discovery, production of evidence
- Section
133(6) – Power to call for information
- Section
143 – Assessment
- Section
147 – Reassessment
- Depreciation provisions under Income Tax Act
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2019:DHC:6728-DB/VSA06122019ITA8232019.pdf
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