Facts of the
Case
The assessee, MSD Pharmaceuticals Pvt. Ltd., filed
appeals against the order of the Income Tax Appellate Tribunal (ITAT) for
Assessment Year 2011-12 concerning transfer pricing adjustment in relation to
AMP expenditure.
The Transfer Pricing Officer (TPO), while
determining the Arm’s Length Price, applied the Bright Line Test, treating AMP
expenditure as an international transaction. The ITAT remanded the matter to
the TPO for fresh ALP determination after considering the principles laid down
in Sony Ericsson Mobile Communications India Pvt. Ltd. v. CIT (2015).
The assessee challenged the remand order,
contending that similar issues for AY 2010-11 had already been restored by the
High Court to the ITAT for fresh adjudication and that certain issues had
already attained finality and should not be reopened.
Issues Involved
- Whether AMP expenditure incurred by the assessee constituted an
international transaction under transfer pricing provisions?
- Whether the Bright Line Test was valid for determination of Arm’s
Length Price?
- Whether the ITAT was justified in remanding the matter to the TPO
instead of deciding the issues on merits?
- Whether settled issues could be reopened during fresh adjudication?
Petitioner’s Arguments (Assessee’s Contentions)
- The assessee argued that for the previous assessment year (AY
2010-11), the High Court had already restored similar matters to the ITAT
for fresh findings.
- It was contended that certain issues had already attained finality
and should not be remanded back to the Assessing Officer.
- The assessee maintained that the Tribunal ought to adjudicate the
issues on merits rather than directing another remand.
Respondent’s Arguments (Revenue’s Contentions)
- The Revenue supported the remand for fresh determination of Arm’s
Length Price in view of the legal developments after the judgment in Sony
Ericsson.
- It was argued that the existence of an international transaction
must first be determined before computing ALP.
- The Revenue maintained that the TPO’s determination required
reconsideration in accordance with the updated legal position.
Court Findings / Court Order
The Delhi High Court observed that in the earlier
appeals concerning AY 2010-11, similar issues had already been restored to the
ITAT for fresh de novo adjudication.
Following its earlier order, the Court modified the
impugned ITAT order and directed that the ITAT itself should decide the appeals
on the questions raised by the parties. The Court clarified that all
contentions of the assessee, including issues claimed to have attained
finality, should be examined and adjudicated on merits.
The appeals were partly allowed in these
terms.
Important Clarification
The High Court reiterated that in transfer pricing
disputes relating to AMP expenditure, the primary determination must be whether
an international transaction actually exists between the assessee and
its Associated Enterprise. Only upon such determination can the Arm’s Length
Price be computed.
The Court reaffirmed the principle laid down in Sony Ericsson Mobile Communications India Pvt. Ltd. v. CIT (2015) 374 ITR 118 (Del.), rejecting the automatic application of the Bright Line Test.
Link to download the order - https://delhihighcourt.nic.in/app/case_number_pdf/2017:DHC:6871-DB/SAS13112017ITA9712017.pdf
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