Facts of the Case
The assessee incurred expenditure amounting to approximately
₹1.56 crore during Assessment Year 1995-96 for establishing its business
relating to the manufacture and sale of beer and cold drinks. The assessee
treated the expenditure as deferred revenue expenditure and sought to spread
the deduction over a period of ten years, claiming only 10% deduction in each
year.
During the original assessment under Section 143(3), the
Assessing Officer examined the claim, considered the assessee’s explanation,
and accepted the method of amortization by allowing deduction at the rate of
10% annually.
Consequently, deductions were allowed for several succeeding
assessment years. However, while completing assessments for Assessment Years
2003-04 and 2004-05, the Assessing Officer changed his stand and held that
there was no concept of deferred revenue expenditure and that the expenditure
ought to have been claimed under Section 35D of the Income-tax Act.
Further, reassessment proceedings under Sections 147 and 148 were initiated for certain intervening years on the ground that excessive deduction had been allowed, resulting in escapement of income.
Issues Involved
- Whether
expenditure initially accepted as deferred revenue expenditure and allowed
over ten years could subsequently be reclassified under Section 35D.
- Whether
the Revenue could reopen completed assessments after having consistently
allowed deduction at the rate of 10% in earlier years.
- Whether
reassessment under Sections 147 and 148 was justified when the original
assessment had been completed after due application of mind by the
Assessing Officer.
- Whether the Revenue could adopt different tax treatments for the same expenditure in different assessment years.
Petitioner’s (Revenue’s) Arguments
- The
Revenue contended that there is no recognized concept of deferred revenue
expenditure under the Income-tax Act for the expenditure in question.
- It
was argued that the expenditure represented pre-establishment or
preliminary expenditure and therefore could only be claimed in accordance
with Section 35D.
- The
Revenue maintained that by allowing deduction at the rate of 10% each
year, taxable income had escaped assessment.
- Accordingly, reassessment proceedings under Sections 147 and 148 were justified and deductions claimed in later years ought to be disallowed.
Respondent’s (Assessee’s) Arguments
- The
assessee submitted that the Assessing Officer had already examined the
issue in the original assessment proceedings for Assessment Year 1995-96.
- The
claim for spreading the expenditure over ten years had been specifically
considered and accepted after seeking explanations.
- Based
upon such acceptance, deductions had already been allowed for several
years and assessments for those years had attained finality.
- The
assessee argued that the Revenue could not subsequently alter the nature
and treatment of the same expenditure for only some of the remaining
years.
- Such inconsistent treatment would create uncertainty and result in an anomalous and unjust tax position.
Court Findings / Court Order
The Delhi High Court dismissed the appeals filed by the
Revenue and upheld the order of the Tribunal.
The Court observed that:
- The
issue had been specifically examined during the original assessment
proceedings for Assessment Year 1995-96.
- The
Assessing Officer had consciously accepted the assessee’s method of
spreading the expenditure over ten years.
- Deductions
had already been granted for several assessment years and those
assessments had become final.
- Once
the Department had accepted a particular treatment and acted upon it for
multiple years, it was impermissible to alter the treatment midway for the
remaining years.
- The
Revenue could not permit deduction at the rate of 10% for several years
and then seek to invoke Section 35D for the balance years relating to the
very same expenditure.
- Such
a course would lead to an anomalous and absurd situation and would violate
principles of consistency in tax administration.
Accordingly, the High Court held that the Tribunal’s order did not warrant interference and dismissed all appeals filed by the Revenue.
Important Clarification
The judgment does not lay down a general proposition
validating all claims of deferred revenue expenditure. Rather, it emphasizes
that where the Assessing Officer has consciously examined and accepted a
particular method of deduction, and the Department has consistently acted upon
that decision over several years, the Revenue cannot arbitrarily alter the
treatment of the same expenditure in subsequent years.
The decision reinforces:
- Principle
of consistency in tax proceedings.
- Finality
of completed assessments.
- Limits
on reassessment where an issue has already been examined.
- Impermissibility of changing tax treatment midway after granting deductions for several years.
Sections Involved
- Section
35D – Amortization of preliminary expenses
- Section
143(3) – Regular Assessment
- Section
147 – Income Escaping Assessment (Reassessment)
- Section
148 – Issue of Notice for Reassessment
· Section 260A – Appeal to High Court
Link to download the order –
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