Facts of the Case
The assessee, Daikin Air-Conditioning India Pvt.
Ltd., filed its return for AY 2005-06 declaring business income. During
assessment, the Assessing Officer made an addition of ₹43.75 lakhs on account
of technical access fee paid under a technological collaboration agreement.
Under the agreement, Daikin was granted exclusive
and non-transferable rights to use technical know-how relating to licensed
products and existing products. The agreement covered manufacturing, assembly,
installation, quality control, operation, and maintenance support.
The technical access fee was USD 3 lakhs, payable
in three installments, out of which the first installment of ₹43.75 lakhs was
paid during the relevant year.
The Assessing Officer treated this payment as
capital expenditure and disallowed it. However, the CIT(A) and ITAT treated it
as revenue expenditure. Aggrieved, the Revenue filed an appeal before the Delhi
High Court.
Issues
Involved
- Whether the technical access fee paid under a technological
collaboration agreement constitutes capital expenditure or revenue expenditure?
- Whether access to technical know-how without transfer of ownership
creates an enduring capital asset?
Petitioner’s
Arguments (Revenue)
- The Revenue contended that the payment made for obtaining technical
know-how created an enduring benefit.
- Since the expenditure related to technology acquisition, it should
be treated as capital in nature.
- The Assessing Officer argued that such expenditure enhanced the
profit-making apparatus of the assessee.
Respondent’s
Arguments (Assessee)
- The assessee submitted that it was granted only a limited and
non-transferable right to use technical know-how.
- There was no absolute transfer of ownership of technology.
- The payment only facilitated better manufacturing processes and
operational efficiency.
- It did not form part of the capital structure of the company.
Court Order
/ Findings
The Delhi High Court dismissed the Revenue’s appeal
and upheld the ITAT’s order.
The Court observed:
- The agreement only granted access to technical knowledge and not
ownership of technology.
- The assessee’s right to use the technology was conditional and
restricted.
- The technical know-how merely facilitated improvement in the
manufacturing process.
- Such expenditure could not be said to be part of the capital
structure.
The Court held that expenditure for access to
technical know-how, without absolute transfer, is ordinarily revenue
expenditure and allowable as deduction.
No substantial question of law arose under Section
260A of the Income Tax Act.
Important
Clarification
The Court clarified that determination of capital
or revenue expenditure depends on the facts and terms of the agreement. There
is no universal formula for classification.
Where technology merely improves existing
operations and does not become part of the fixed capital apparatus, the
expenditure remains revenue in nature.
Sections
Involved
- Section 37(1), Income Tax Act, 1961 – Allowability of business expenditure
- Section 260A, Income Tax Act, 1961 – Appeal before High Court
Legal Principle Evolved
If technical know-how is acquired merely for
improving existing manufacturing operations without ownership transfer or
enduring capital asset creation, the payment is revenue expenditure.
Link to
Download the Order
https://delhihighcourt.nic.in/app/case_number_pdf/2015:DHC:3005-DB/RKG27032015ITA1122015.pdf
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