Facts of the
Case
The Revenue as well as the Assessee preferred cross
appeals before the Delhi High Court challenging the common order passed by the
Income Tax Appellate Tribunal (ITAT) for Assessment Year 2010–11. The dispute
arose from the transfer pricing adjustment made on account of AMP expenditure
allegedly incurred by the assessee for brand promotion benefiting its
Associated Enterprise.
The ITAT had adjudicated the matter by referring to
judicial precedents relating to transfer pricing. However, the primary legal
question remained whether the AMP expenditure itself constituted an
international transaction between the assessee and its Associated Enterprise.
The Revenue and the Assessee both challenged the ITAT’s findings, leading to
the present appeals before the High Court.
Issues
Involved
- Whether AMP expenditure incurred by the assessee constituted an
international transaction under Section 92B of the Income Tax Act, 1961?
- Whether transfer pricing adjustment could be made without first
establishing the existence of an international transaction?
- Whether the ITAT’s order required reconsideration in light of the
principles laid down in Sony Ericson Mobile Communications (India) Pvt.
Ltd. v. CIT?
Petitioner’s
Arguments (Revenue’s Contentions)
- The Revenue contended that the assessee incurred AMP expenditure
that indirectly promoted the brand owned by its foreign Associated
Enterprise.
- Such expenditure, according to the Revenue, amounted to an
international transaction requiring benchmarking under transfer pricing
provisions.
- The Revenue sought justification for the transfer pricing
adjustment and challenged the findings of the ITAT.
Respondent’s
Arguments (Assessee’s Contentions)
- The assessee argued that AMP expenditure was incurred wholly for
its own business operations in India and not under any arrangement or
understanding with the Associated Enterprise.
- It was contended that unless the existence of an international
transaction was first established, there could be no question of
determining Arm’s Length Price.
- The assessee relied on judicial precedents including Sony Ericson
to support its position.
Court
Findings / Court Order
The Delhi High Court observed that in transfer
pricing matters, the first and foundational exercise is to determine whether
there exists an international transaction between the assessee and its
Associated Enterprise. Only after answering this question affirmatively can the
issue of Arm’s Length Price determination arise.
The Court noted that the necessary documents and
material for such determination were already available on record before the
ITAT. Accordingly, the Court set aside the impugned ITAT order and restored the
appeal to the file of the ITAT for fresh de novo adjudication on merits. The
Tribunal was directed to reconsider the matter independently and without being
influenced by its earlier order.
Important
Clarification
The High Court clarified that:
- Determination of existence of an international transaction is a
jurisdictional prerequisite in transfer pricing disputes relating to AMP
expenditure.
- Arm’s Length Price determination cannot precede the finding of an
international transaction.
- Both parties were given liberty to raise all legal and factual
contentions afresh before the ITAT.
Sections
Involved
- Section 92 – Computation of income
from international transactions
- Section 92B – Definition of
international transaction
- Section 92C – Arm’s Length Price
determination
- Section 254 – Powers of the Income Tax
Appellate Tribunal
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2017:DHC:8737-DB/SMD19072017ITA5242017_143819.pdf
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