Facts of the Case
CPA Global Services Private Limited, a wholly-owned subsidiary
of CPA Mauritius Ltd., was engaged in providing legal support services to its
Associated Enterprises and independent third-party customers. During AY
2011–12, the assessee entered into international transactions involving
IT-enabled services and reimbursements of expenses.
The assessee received reimbursement towards “spare
capacity/infrastructure costs” amounting to ₹13.67 crores from its AEs. This
reimbursement was not routed through the profit and loss account, as according
to the assessee it was a pure reimbursement without any profit element or
mark-up.
The Transfer Pricing Officer (TPO) and the Dispute Resolution
Panel (DRP) disagreed and treated such reimbursements as part of operating
costs while determining the Arm’s Length Price. The ITAT, however, accepted the
assessee’s plea and directed exclusion of such reimbursement costs from
operating costs, leading to the Revenue’s appeal before the Delhi High Court.
Issues Involved
- Whether
reimbursement of infrastructure/spare capacity costs received from
Associated Enterprises without mark-up should be included in operating
costs for transfer pricing analysis?
- Whether
the ITAT was justified in directing exclusion of reimbursement costs while
computing ALP?
- Whether
the Revenue could challenge ITAT’s factual findings without specifically
pleading perversity?
Petitioner’s Arguments (Revenue’s Arguments)
- The
Revenue argued that the ITAT erred in excluding reimbursement costs from
operating costs.
- It
was contended that all costs connected to international transactions must
be included for ALP determination.
- Reliance
was placed on Commissioner of Income Tax-I v. Cushman and Wakefield
(India) (P.) Ltd., where the matter was remanded for fresh transfer
pricing determination.
- The
Revenue also contended that the ITAT’s order was perverse and contrary to
law.
Respondent’s Arguments (Assessee’s Arguments)
- The
assessee distinguished between service cost reimbursements (with mark-up)
and infrastructure cost reimbursements (without mark-up).
- It
argued that infrastructure reimbursements were pure pass-through costs and
did not involve any functions, assets, or risks.
- Therefore,
such costs should not be considered in operating cost calculations for
profitability analysis.
- Reliance
was placed on earlier ITAT rulings including HSBC Electronic Data
Processing India Ltd. v. ACIT and DCIT v. Cheil Communications
India Pvt. Ltd..
Court Findings / Court Order
The Delhi High Court upheld the ITAT’s order and dismissed the
Revenue’s appeal. The Court held:
- The
ITAT had examined the agreement and found as a fact that infrastructure
cost reimbursements were made without any mark-up.
- Such
reimbursement costs did not involve any functions for profitability
purposes and were rightly excluded from operating costs.
- The
Revenue’s reliance on Cushman & Wakefield was misplaced because that
case involved a different factual matrix.
- Each
transfer pricing matter must be decided on its own facts and contractual
arrangements.
- Mere
general pleading of perversity is insufficient; specific pleadings
supported by record are necessary.
- No
substantial question of law arose under Section 260A.
Important Clarification by the Court
The Court clarified that:
- Pure
reimbursement without mark-up cannot automatically be treated as operating
cost for transfer pricing purposes.
- Transfer
pricing disputes are highly fact-specific and depend on contractual terms
between the assessee and its Associated Enterprises.
- A
plea of perversity against ITAT findings must be specific and responsibly
pleaded.
Link to download the order - https://delhihighcourt.nic.in/app/case_number_pdf/2017:DHC:2363-DB/SMD03052017ITA2662017.pdf
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