Facts of the Case
The assessee, Hero Honda Motors Limited (now Hero MotoCorp), was
engaged in manufacturing and sale of motorcycles under technical collaboration
with Honda Motor Company, Japan. Under the licence and technical assistance
agreement dated 02.06.1995, the assessee made royalty payments and model fee
payments for use of technical know-how, intellectual property rights, drawings,
specifications and technical information.
The Revenue treated the payments as capital expenditure on the
ground that the technical know-how resulted in enduring benefit to the assessee
and hence could not be allowed as revenue expenditure.
The Tribunal held the expenditure to be revenue in nature and allowed deduction. Aggrieved, the Revenue filed appeals before the Delhi High Court.
Issues Involved
- Whether
royalty payment made under the technical know-how agreement was revenue
expenditure or capital expenditure?
- Whether
model fee paid for model changes was capital expenditure?
- Whether the Commissioner was justified in invoking revisionary jurisdiction under Section 263
Petitioner’s Arguments (Revenue)
- The
technical know-how agreement conferred enduring benefit upon the assessee.
- Royalty
and model fee payments were linked to acquisition of technical know-how
and intellectual property.
- Such
acquisition strengthened the profit-making apparatus of the assessee.
- Therefore, the expenditure should be treated as capital expenditure.
Respondent’s Arguments (Assessee)
- The
agreement only granted limited right to use technical know-how and did not
transfer ownership.
- Honda
retained complete ownership over intellectual property rights.
- The
know-how was confidential, non-transferable and required return on
termination.
- Payments
were recurring and linked to production/sales.
- Therefore,
the expenditure was revenue expenditure allowable under Section 37(1).
Court Findings / Order
The Delhi High Court held in favour of the assessee and against
the Revenue.
The Court observed:
- The
agreement merely granted right to use technical know-how and not
ownership.
- Intellectual
property rights remained vested with Honda.
- The
assessee could not transfer or sublicense the know-how.
- Confidentiality
obligations continued even after termination.
- Technical
know-how in automobile industry requires constant upgradation and does not
create enduring capital asset.
Accordingly:
- Royalty
payment was held to be revenue expenditure.
- Deduction
under Section 37(1) was allowable.
- Revenue’s
appeal was dismissed.
Important Clarification
The Court clarified that mere use of technical know-how without
transfer of ownership does not amount to acquisition of a capital asset.
Important tests:
- Ownership
vs right to use
- Transferability
- Confidentiality
restrictions
- Duration
of licence
- Requirement
to return documents
- Continuing
control of licensor
These factors determine whether expenditure is capital or revenue.
Sections Involved
- Section
37(1) – Allowability of business expenditure
- Section
263 – Revision by Commissioner
- Section
260A – Appeal before High Court
- Double Taxation Avoidance Agreement (India–Japan)
Link to Download the Order
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