Facts of the Case
M/s Gujarat Guardian Ltd. established a float glass
manufacturing plant in Gujarat with technical assistance obtained from Guardian
Industries Corporation, USA. The foreign company provided engineering services,
technical expertise, supervision, training, and assistance for setting up the
plant.
During the financial year 1992-93, the assessee
paid engineering service fees to the foreign company. Initially, the
expenditure was recorded as deferred revenue expenditure. Subsequently, upon
professional advice that the expenditure had been incurred before commencement
of production and was therefore required to be capitalized, the assessee
revised its return and capitalized the expenditure in its books.
The assessee claimed depreciation on the
capitalized engineering service fees. The Assessing Officer disallowed the
claim, holding that the expenditure represented payment for technical know-how
and was therefore eligible only for deduction under Section 35AB of the
Income-tax Act, 1961.
The Commissioner of Income Tax (Appeals) allowed
the assessee's claim for depreciation. The Income Tax Appellate Tribunal upheld
the order of the CIT(A). Aggrieved by the Tribunal’s decision, the Revenue
filed an appeal before the Delhi High Court.
Issues Involved
- Whether the engineering service fees paid by the assessee to the
foreign company were for setting up the float glass plant or for
acquisition of technical know-how relating to manufacture and production.
- Whether the assessee was entitled to claim depreciation under
Section 32 of the Income-tax Act, 1961 on the capitalized expenditure.
- Whether the expenditure was covered by Section 35AB of the
Income-tax Act, 1961 relating to acquisition of know-how.
Petitioner’s Arguments (Revenue)
The Revenue contended that:
- The engineering service fees paid to the foreign company
represented consideration for technical know-how.
- Since the expenditure related to know-how, the assessee was
entitled only to deduction under Section 35AB of the Income-tax Act.
- The claim of depreciation under Section 32 was not permissible.
- The Tribunal erred in treating the expenditure as capital
expenditure eligible for depreciation.
Respondent’s Arguments (Assessee)
The assessee argued that:
- The collaboration agreement primarily related to planning, design,
engineering services, erection, installation, commissioning, and setting
up of the float glass plant.
- The payments were made for establishing the plant and not for
manufacturing or processing goods.
- Technical know-how relating to production and operational
assistance was governed by a separate agreement.
- Therefore, the engineering service fees formed part of the cost of
setting up the plant and were rightly capitalized.
- Consequently, depreciation under Section 32 was allowable.
Court Findings
The Delhi High Court examined the collaboration
agreement and the related arrangements between the assessee and the foreign
company.
The Court observed that:
- The collaboration agreement clearly established that the foreign
company was engaged for providing complete design, engineering services,
training, supervision, erection, commissioning, and assistance in setting
up the float glass plant.
- Documentary evidence and bills produced by the assessee
demonstrated that payments were made for services rendered by foreign
technicians engaged in setting up the plant.
- The expenditure was directly connected with establishment of the
plant and not with manufacture or processing of goods.
The Court further analysed the Explanation to
Section 35AB(3), which defines "know-how" as industrial information
or techniques likely to assist in the manufacture or processing of goods.
According to the Court:
- The engineering service fees in question were not paid for
information or techniques assisting manufacture or processing.
- The expenditure was incurred solely for setting up the plant.
- Technical know-how relating to manufacturing operations was covered
by a separate agreement.
- Therefore, Section 35AB had no application to the expenditure under
consideration.
The Court also noted that the Tribunal had rightly
observed that the definition of "plant" under Section 43(3) is broad
enough to include technical know-how in the form of drawings, designs, charts,
and plans, making it a depreciable asset.
Court Order
The Delhi High Court upheld the decision of the
Income Tax Appellate Tribunal and held that:
- Engineering service fees paid for setting up the float glass plant
constituted capital expenditure forming part of the plant.
- Such expenditure was eligible for depreciation under Section 32 of
the Income-tax Act, 1961.
- Section 35AB was not applicable because the payment was not made
for know-how used in manufacture or processing of goods.
- No substantial question of law arose for consideration.
Accordingly, the Revenue's appeal was dismissed.
Important Clarification
This judgment draws an important distinction
between:
Expenditure
for Setting Up a Plant
Where payments are made for design, engineering,
erection, commissioning, installation, and establishment of a plant, such
expenditure may be capitalized and depreciation can be claimed under Section
32.
Expenditure
for Technical Know-How Used in Manufacturing
Where payments are made for industrial information
or techniques assisting manufacture or processing of goods, the provisions of
Section 35AB may apply.
The determining factor is the true nature and
purpose of the payment rather than the terminology used in the agreement.
Sections
Involved
- Section 32 of the Income-tax Act, 1961 – Depreciation
- Section 35AB of the Income-tax Act, 1961 – Expenditure for
Acquisition of Know-How
- Section 43(3) of the Income-tax Act, 1961 – Definition of Plant
- Section 260A of the Income-tax Act, 1961 – Appeal to High Court
Link to
download the order -
https://delhihighcourt.nic.in/app/case_number_pdf/2007:DHC:581-DB/MBL24052007ITA762006.pdf
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