Facts of the Case
The assessee, Sony Ericsson Mobile Communications
India Pvt. Ltd. (now Sony India Ltd.), was engaged in importing, distributing,
marketing, and selling mobile handsets in India under the brand owned by its
foreign Associated Enterprise (AE).
The assessee undertook international transactions
with its AE and benchmarked the same under the Transfer Pricing provisions by
adopting the Transactional Net Margin Method (TNMM).
During assessment, the Transfer Pricing Officer
(TPO) examined the Advertisement, Marketing and Promotion (AMP) expenditure
incurred by the assessee and held that such expenditure, beyond the “Bright
Line Test”, constituted a separate international transaction for brand
promotion of the foreign AE.
The TPO made transfer pricing adjustment by treating the excess AMP expenditure as a service rendered by the assessee to its foreign AE and added a markup thereon.
Issues
Involved
- Whether AMP expenditure incurred by the Indian entity can be
treated as an international transaction under Section 92B?
- Whether Transfer Pricing adjustment can be made in respect of AMP
expenditure?
- Whether Bright Line Test is a valid method for determining Arm’s
Length Price?
- Whether selling expenses such as discounts, rebates, and
commissions form part of AMP expenditure?
- Whether bundled transactions under TNMM can be segregated for separate benchmarking?
Petitioner’s
Arguments (Assessee’s Contentions)
- AMP expenditure was incurred wholly for the assessee’s own business
and sales promotion.
- There was no agreement or arrangement obligating the assessee to
incur AMP expenditure for the AE.
- AMP expenditure cannot automatically be treated as an international
transaction.
- Bright Line Test has no statutory recognition under the Income-tax
Act.
- Once distribution activity is benchmarked under TNMM and accepted
at arm’s length, AMP cannot be segregated separately.
- Selling expenses such as trade discounts and incentives cannot be classified as AMP expenditure.
Respondent’s
Arguments (Revenue’s Contentions)
- Excessive AMP expenditure created marketing intangibles for the
foreign AE.
- Such brand building activity constituted an international
transaction.
- Bright Line Test was a valid method to identify routine and
non-routine AMP expenditure.
- The assessee should be compensated by the AE for the brand
promotion services rendered.
- Markup on excess AMP expenditure was justified.
Court
Findings / Court Order
The Delhi High Court delivered significant findings
on AMP-related transfer pricing disputes:
1. AMP can
constitute an International Transaction
The Court held that AMP expenditure may constitute
an international transaction, but this depends on facts and existence of
arrangement, understanding, or action in concert between the assessee and AE.
2. Bright
Line Test rejected
The Court categorically held that the Bright Line
Test is not prescribed under Indian transfer pricing provisions and cannot be
used as a judicially recognized method.
3.
Aggregation Approach accepted
Where distribution and AMP functions are closely
linked, they should be examined together and not separately.
4. Selling
expenses excluded from AMP
Trade discounts, volume rebates, commissions, and
sales incentives cannot be included in AMP expenditure.
5. Proper
comparability analysis necessary
Functional similarity, market conditions, assets
employed, and risks assumed must be considered for comparability.
6. Matter
remanded
The matters were remanded for fresh examination consistent with the principles laid down by the High Court.
Important
Clarification
The Court clarified that:
- Mere incurring of AMP expenditure does not automatically mean brand
promotion for AE.
- Bright Line Test is not part of Indian law.
- AMP adjustment requires actual examination of inter-company
arrangement.
- Bundled transactions should be benchmarked together where economically connected.
Sections
Involved
- Section 92 – Computation of income
from international transactions
- Section 92B – Definition of
International Transaction
- Section 92C – Computation of Arm’s
Length Price
- Section 92CA – Reference to Transfer
Pricing Officer
- Section 92F – Definitions relating to
transfer pricing
- Chapter X of the Income-tax Act, 1961
Link to Download the Order https://delhihighcourt.nic.in/app/case_number_pdf/2015:DHC:2485-DB/SKN16032015ITA162014.pdf
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