Facts of the Case
• Ericsson AB challenged a draft
assessment order passed under Section 144C(1) of the Income-tax Act, 1961 for
Assessment Year 2007-08.
• The petitioner contended that
the Assessing Officer had failed to comply with the proviso to Section
92C(3)(d) while framing the draft assessment order.
• It was further argued that the
Transfer Pricing Officer (TPO) had accepted the transfer pricing methodology
and determined that no transfer pricing adjustment was required.
• Despite the TPO's findings,
the Assessing Officer proceeded with variations in the draft assessment order.
• The petitioner approached the
Delhi High Court directly under Article 226 seeking quashing of the draft
assessment order instead of filing objections before the Dispute Resolution
Panel.
Issues
Involved
1.
Whether
a writ petition challenging a draft assessment order under Section 144C(1) is
maintainable when an effective statutory remedy before the Dispute Resolution
Panel is available.
2.
Whether
the Assessing Officer is bound by the findings of the Transfer Pricing Officer
under Section 92CA(4) of the Income-tax Act.
3.
Whether
the assessee should first exhaust the remedy provided under Section 144C before
invoking the extraordinary writ jurisdiction of the High Court.
Petitioner’s
Arguments
• The Assessing Officer failed
to consider the mandatory requirement contained in the proviso to Section
92C(3)(d) of the Income-tax Act.
• Reliance was placed upon the
judgment of Moser Baer India Ltd. & Others v. Additional Commissioner of
Income-tax & Another [2009] 316 ITR 1 (Delhi).
• The Transfer Pricing Officer
had accepted the transfer pricing arrangements and concluded that no transfer
pricing adjustment was necessary.
• Under Section 92CA(4), the
findings of the Transfer Pricing Officer are binding upon the Assessing
Officer.
• Therefore, the draft
assessment order was liable to be quashed.
Respondent’s
Arguments
• The Revenue submitted that the
petitioner had an adequate and effective statutory remedy under Section 144C.
• The assessee could file
objections before the Dispute Resolution Panel as well as the Assessing Officer
under Section 144C(2).
• The Dispute Resolution Panel
is empowered to consider all objections and issue appropriate directions under
Section 144C(5).
• Since the statutory mechanism
was available, the writ petition should not be entertained at the draft
assessment stage.
Court
Findings
• The Delhi High Court examined
the scheme of Sections 92C, 92CA(4), and 144C of the Income-tax Act.
• The Court observed that the
Dispute Resolution Panel has wide powers to consider objections, examine
evidence, review records, and issue directions to the Assessing Officer.
• The Court held that the remedy
before the Dispute Resolution Panel cannot be regarded as redundant,
ineffective, or illusory.
• Where the legislature has
created an intermediate statutory remedy, the assessee is ordinarily required
to avail such remedy before approaching the High Court.
• The Court granted liberty to
the petitioner to file objections before the Dispute Resolution Panel within
one week.
• The Dispute Resolution Panel
was directed to provide adequate opportunity of hearing and pass a reasoned
speaking order dealing with all issues raised by the assessee.
• The writ petition was disposed
of without interfering with the draft assessment order.
Important
Clarification
• The Delhi High Court
emphasized that the Dispute Resolution Panel is a substantive statutory forum
and not a mere procedural formality.
• The Court clarified that
assessees should not apprehend that proceedings before the Dispute Resolution
Panel are perfunctory in nature.
• The DRP is expected to
independently apply its mind, consider objections in detail, and pass a
reasoned speaking order.
• The judgment reinforces the
principle that writ jurisdiction should ordinarily not be exercised where an
effective statutory remedy is available.
Sections
Involved
• Article 226 of the
Constitution of India
• Section 92C of the Income-tax
Act, 1961
• Section 92CA(4) of the
Income-tax Act, 1961
• Section 144C(1) of the Income-tax
Act, 1961
• Section 144C(2) of the
Income-tax Act, 1961
• Section 144C(5) to 144C(7) of
the Income-tax Act, 1961
Link to download the order - https://delhihighcourt.nic.in/app/case_number_pdf/2011:DHC:704-DB/SKN04022011CW6892011.pdf
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