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From the Courts »
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 Deputy Director Of Income Tax Vs. Virage Logic International

ORACLE INDIA PVT LTD Vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE
October, 06th 2014
        THE HIGH COURT OF DELHI AT NEW DELHI
%                                      Judgment delivered on: 25.09.2014

+       W.P.(C) 13896/2009 and CM No. 15790/2009


ORACLE INDIA PVT LTD                                              ... Petitioner

                                        versus

DEPUTY COMMISSIONER OF INCOME
TAX CIRCLE                                                        ... Respondent

Advocates who appeared in this case:
For the Petitioner       : Mr M.S. Syali, Senior Advocate with Mr Mayank Nagi,
                           Mr Harkunal Singh, Mr Tarandeep Singh and Mr Tarun Singh

For the Respondents : Ms Prem Lata Bansal, Senior Advocate with Mr Naman
                      Nayak.

CORAM:-
HON'BLE MR JUSTICE BADAR DURREZ AHMED
HON'BLE MR JUSTICE SIDDHARTH MRIDUL

                               JUDGMENT

BADAR DURREZ AHMED, J (ORAL)


1.      The notice dated 30.03.2009 under Section 148 of the Income-tax

Act, 1961 (hereinafter referred to as ,,the said Act) and the order dated

23.11.2009 rejecting the objections filed by the assessee are the subject

matter of challenge in this writ petition which pertains to the assessment

year 2002-03.



W.P.(C) No. 13896/2009                                                   Page 1 of 17
2.      The assessment under Section 143(3) was completed and the

assessment order was passed on 04.03.2005. The notice under Section

148 of the said Act which, as mentioned above, was issued on 30.03.2009

has been issued after four years from the end of the relevant assessment

year (assessment year 2002-03). That being the position, the first proviso

to Section 147 of the said Act would be applicable. Section 147 and the

first proviso thereto as well as Explanation 1 after the provisos read as

under:-

        "147. If the Assessing Officer has reason to believe that any
        income chargeable to tax has escaped assessment for any
        assessment year, he may, subject to the provisions of
        sections 148 to 153, assess or reassess such income and also
        any other income chargeable to tax which has escaped
        assessment and which comes to his notice subsequently in
        the course of the proceedings under this section, or
        recompute the loss or the depreciation allowance or any
        other allowance, as the case may be, for the assessment year
        concerned (hereafter in this section and in sections 148 to
        153 referred to as the relevant assessment year) :

        Provided that where an assessment under sub-section (3) of
        section 143 or this section has been made for the relevant
        assessment year, no action shall be taken under this section
        after the expiry of four years from the end of the relevant
        assessment year, unless any income chargeable to tax has
        escaped assessment for such assessment year by reason of
        the failure on the part of the assessee to make a return under
        section 139 or in response to a notice issued under sub-
        section (1) of section 142 or section 148 or to disclose fully




W.P.(C) No. 13896/2009                                            Page 2 of 17
        and truly all material facts necessary for his assessment for
        that assessment year.
                 xxxx      xxxx         xxxx         xxxx
        Explanation 1. ­ Production before the Assessing Officer of
        account books or other evidence from which material
        evidence could with due diligence have been discovered by
        the Assessing Officer will not necessarily amount to
        disclosure within the meaning of the foregoing proviso.
                 xxxx      xxxx         xxxx         xxxx"



3.      It is a settled position in law that for reassessment proceedings

beyond the period of four years from the end of the relevant assessment

year, it is an essential condition that the income chargeable to tax which

has allegedly escaped assessment must be occasioned, inter alia, by

reason of the failure on the part of the assessee to disclose fully and truly

all material facts necessary for the assessment, for that assessment year.

Mr Syali, the learned senior counsel, appearing on behalf of the petitioner

/ assessee submits that in the present case, this pre-condition has not been

met, inasmuch as, there has been no failure on the part of the petitioner /

assessee to make a full and true disclosure of the material facts necessary

for the assessment. He further points out that even in the reasons which

have been supplied, it has not been indicated as to which material fact

was not fully and truly disclosed by the assessee. He placed reliance on


W.P.(C) No. 13896/2009                                            Page 3 of 17
the decision in Haryana Acrylic Manufacturing Company v.

Commissioner of Income Tax & Anr : 308 ITR 38(Del) as well as on

Microsoft Corporation (I) Pvt. Ltd v. Deputy Commissioner of Income

Tax & Anr: 357 ITR 50 (Del) and Bombay Stock Exchange v. Deputy

Director of Income Tax: 2014 TIOL 961 - High Court Bombay, W.P.(C)

No. 2468/2011. Mr Syali also place reliance on a recent decision of this

court in the case of M/s Swarovski India Pvt. Ltd v. Deputy

Commissioner of Income Tax, W.P.(C) 1909/2013 decided on

08.08.2014.

4.      Mrs Prem Lata Bansal, Senior Advocate, who appears on behalf of

the Revenue, contended that the reasons to believe clearly indicate that

there was failure on the part of the assessee to fully and truly disclose the

material facts necessary for assessment. She, therefore, submitted that this

case was distinguishable from the cases of Haryana Acrylic (supra) and

other judgments cited by the learned counsel for the petitioner. She also

contended that all the ingredients necessary for invoking the provisions of

Section 147 and, particularly, the proviso thereto have been satisfied and

the re-opening of assessment is valid in law. She placed reliance on three

decisions of this court in the case of CIT v. Usha International Ltd.: 348







W.P.(C) No. 13896/2009                                            Page 4 of 17
ITR 485 (del), M/s OPG Metals & Finsec Ltd. V. CIT, W.P.(C) No.

8283/2010 decided on 30.08.2013 and Meinhardt Singapore Pte Ltd. V.

ADIT: (2013) 212 Taxman 637.

5.      Before we examine the rival submissions made by the learned

counsel for the parties, it would be appropriate if we set out the relevant

facts. As pointed out above, the assessment was completed by virtue of

the assessment order under Section 143(3) on 04.03.2005. The notice

under Section 148 was issued on 30.03.2009.              By a letter dated

16.04.2009, the petitioner        / assessee requested for the reasons for

believing that income had escaped assessment.            The reasons were

subsequently supplied on 28.05.2009. The reasons read as under:-

         "Reasons for reopening the case u/s 147 of I.Tax Act in
        the case of M/s Oracle India Pvt. Ltd. in A.Y. 2002-03.

              In this case, return declaring income of Rs.
        61,96,43,330/-was filed on 31.10.2002 and assessment order
        u/s 143(3) of (I. Tax Act was passed on 04.03.2005
        assessing the total income at Rs. 138,74,45, 540/-.

              Further, on verification of the assessment record for
        the A.Y. 2002-03, following mistake was pointed out:-

                 "As per the Form No. 3CEB (Attachment II) - The
                 assessee has acquired intangible asset / property
                 such as know-how, patent, copyright, etc. by
                 paying royalty of Rs. 70,60,25,973/- for
                 duplication/ distribution of licensed software and



W.P.(C) No. 13896/2009                                            Page 5 of 17
                 the same was charged to the profit and loss
                 account as Revenue expenditure. Whereas as per
                 the amendment made by the Finance Act, 1998,
                 depreciation will be allowed u/s 32 in respect of
                 intangible asset. Thus, the assessee was entitled
                 only to claim depreciation of Rs. 17,65,06,493/- @
                 25% on these intangible assets. Thus, depreciation
                 was excess allowed by Rs. 52,95,19,480/- approx.

              In view of the facts narrated above, there is failure on
        the part of the assessee to disclose fully and truly all material
        facts necessary for his assessment and I have reason to
        believe that the income of the assessee to the extent of Rs.
        52,95,19,480/- approx. has escaped assessment for which
        action u/s 147 of the I. Tax Act is to be initiated in the year
        under consideration i.e. A.Y. 2002-03.

               Since the assessment in this case was completed u/s
        143(3) of I. Tax Act, and four years have also been elapsed
        from the end of the relevant assessment year, therefore, kind
        approval of the Commissioner, Delhi-V, New Delhi is
        solicited as per the provisions of Section 151(2) of I. Tax
        Act. to issue notice u/s 148 read with section 147 of the I.
        Tax Act.

                 Submitted please.

                                           (R.K. Sharma)
                                     DCIT, Circle -13(1), New Delhi

        Add. CIT, Range-13,New Delhi.

               In view of the mistakes as indicated above, there is
        reason to believe that income has escaped assessment to the
        extent of Rs. 52.95 crores. As such kind approval for issue
        of notice u/s 148 of the Act may kindly be accorded."




W.P.(C) No. 13896/2009                                               Page 6 of 17
6.      In respect of the above reasons, Mr Syali submitted that first of all,

it was only an alleged mistake on the part of the Assessing Officer and it

cannot be construed as a failure on the part of the assessee to fully and

truly disclose all material facts. Furthermore, Mr Syali submitted that as

per Form No. 3CEB, paragraph 9 was an omnibus paragraph requiring

information in the following manner:-

        "9.       Particulars in respect of transactions in intangible
                  property.
                  Has the assessee entered into any international
                  Transaction(s) in respect of purchase/sale/use of
                  Intangible property such as know-how, patents,
                  copyrights, licenses, etc ?

                  If ,,yes provide the following details in respect of each
                  associated enterprise and each category of intangible
                  property:

              (a) Name and address of the associated enterprise with
                  whom the international transaction has been entered into.
              (b) Description of intangible property and nature of
                  transaction.
              (c) Amount paid/received or payable/receivable for
                  purchase/sale/use of each category of intangible
                  property.
              (i) As per books of account.
              (ii) As computed by the assessee having regard
                   to the arms length price.
              (d) Method used for determining the arms Length price
                  [See Section 92C (1)]"



        The aforesaid Form No. 3CEB particulars that were filled in by the

petitioner / assessee were as under:-



W.P.(C) No. 13896/2009                                                        Page 7 of 17
        "9.      Particulars in respect of transactions in intangible
                 property.
                 Has the assessee entered into any international           Yes
                 Transaction(s) in respect of purchase/sale/use of
                 Intangible property such as know-how, patents,
                 copyrights, licenses, etc ?

                 If ,,yes provide the following details in respect of each Refer
                 associated enterprise and each category of intangible     Attachment II
                 property:                                                 and notes 3, 4
                                                                           and 5 in
                                                                           Attachment
                                                                           IV."


        He submitted that the question was whether the assessee had

entered into any international transactions in respect of "purchase / sale /

use" of intangible property such as knowhow, patents, copyright licenses,

etc.    The true and correct answer given by the petitioner was ,,yes

inasmuch as the petitioner had entered into an international transaction

with its parent company in USA with regard to the use of the knowhow

for duplication of software.              The attachments referred to above also

indicated that royalty was paid for duplication and distribution of licensed

software and the extent of the royalty paid was ` 70,60,25,973/-. This is

the exact amount which is reflected in the reasons referred to above.

7.        According to Mr Syali, there is no non-disclosure of the fact that

royalty to the extent of ` 70,60,25,973/- had been paid by the petitioner /




W.P.(C) No. 13896/2009                                                             Page 8 of 17
assessee to its parent company in USA. The petitioner had claimed the

entire amount as a revenue expenditure in the original assessment

proceedings. He further submitted that this fact was very much under

consideration of the Assessing Officer himself who had issued a

questionnaire dated 31.08.2004.        Point No. 8 of the questionnaire

specifically dealt with royalty in the following manner:-

        "8. Furnish the details of royalty paid during the year and justify
        the same."

In response to this question, details were submitted by the petitioner /

assessee and the entire aspect of royalty has been discussed in the original

assessment order dated 04.03.2005 in the following manner:-

        "Royalty Payment:
              During the year assessee has claimed to have paid a
        sum of Rs. 70,60,25,973/- on account of royalty to M/s
        Oracle Corporation USA for duplicating & sub-licensing of
        software to its customers.
               The assessee vide questionnaire dated 31.08.2004 was
        asked to justify the royalty payment. In response the
        assessee vide reply dated 21.09.2004 submitted that the
        company imports master copy of software from Oracle
        Corp, USA and in pursuance of software duplication and
        distribution license agreement executed with "Oracle Corp,
        USA on 28th May, 1993. Based on terms and conditions of
        the agreement, the assessee is required to remit royalty on
        the basis of Indian Published Price of software replicated
        and distributed in India. The assessee further stated that the
        India Exchange Control laws prevailing at the time of the
        agreement entered into and those applicable in the subject
        assessment year provide that Indian Software reproducers



W.P.(C) No. 13896/2009                                            Page 9 of 17
        such as assessee company are permitted to remit upto 30%
        of the Indian published price to overseas copy right holders
        i.e. Oracle Corp, USA in this case. The assessee also
        produced copy of approval issued the Reserve Bank of India
        for payment of royalty read in conjunction with ADMA
        Circular No.6 dated March 10, 1993 permitting remittance
        of royalty. The assessee has treated the royalty expenditure
        as revenue in nature which has been incurred wholly and
        exclusively for the purpose of company's business, the same
        is allowable ü/s 37 of the I.T.Act. The reply filed by the
        assessee was examined and it has been found that this issue
        is squarely covered and discussed elaborately in assesses
        own case for the Asstt. Year 1999-2000. The addition on the
        similar issue also made in Asstt. Year 2000-01& 2001-2002.
        It may also be mentioned that the CIT(A) in appeal has
        upheld the addition on this account.
              In view of these facts, a disallowance u/s 37(1) on
        account of payment of royalty beyond maximum limit of
        30% of the sublicence fees earned by the assessee is
        computed @ 30% of Rs. 11,99,06,200/- i.e. (-35,97,18,600)
        + 70,60,25,973 = Rs. 34,63,07,373/-. Penalty proceedings
        u/s 271(1)(c) are being initiated separately for concealment
        of income and furnishing inaccurate particulars as discussed
        above.
                                 (ADDITION: Rs. 34,63,07,373/-)"


8.      These facts were pointed out by the assessee in the objections

submitted on 28.08.2009, however, the Assessing Officer rejected those

objections by virtue of the impugned order dated 23.11.2009.            The

Assessing Officer, inter alia, held as under:-

        "I have considered the submission of the assessee on the
        facts and merits of the case. I have also considered the
        judicial decisions relied up on by the assessee. The
        objections raised by the assessee are discussed as under-




W.P.(C) No. 13896/2009                                          Page 10 of 17
        (a) The objection raised that the reopening of the assessment
            proceedings is merely on the basis of change of opinion
            and the AO had enquired into the matter and was
            conscious about the fact that the royalty payment were
            revenue in nature, is not correct. The issue addressed by
            the AO was that whether the quantum of expenditure of
            royalty claimed by the assessee was fully allowable
            under Section 37 of IT Act, the same was claimed in
            excess. The AO had not addressed the issue of royalty
            being a capital expenditure as per provisions of section
            32 of the IT Act and only depreciation is allowable to the
            assessee.

        (b) The submission of the assessee is not tenable. In form
            3CEB, the column 9 reads as "particulars in respect of
            transactions in intangible property" which does not mean
            that the transaction required in this column are, not
            regarding to acquisition of intangible assets.

        (c) The submission of the assessee that the assessee had
            disclosed all the material facts and at the time of the
            recording reason for reopening the assessment there was
            no fresh material with the assessing officer which was
            not made available by the assessee during the course of
            original assessment proceedings is not correct. Since the
            royalty payment, as per provisions of section 32 of the IT
            Act is an intangible asset and the same of capital in
            nature. The assessee has not disclosed this fact neither in
            the return of income nor at the time of assessment
            proceedings. Hence, the contention that all the material
            facts were fully and truly disclosed is not correct.

                 xxxx      xxxx          xxxx         xxxx"





Finally the Assessing Officer rejected the objections and directed the

assessee to comply with the notice under Section 143(2) and 141(1) of the



W.P.(C) No. 13896/2009                                             Page 11 of 17
said Act issued for reassessment. It is at this stage that the present writ

petition was filed and this court at the interim stage stayed further

proceedings.

9.      The position in law has been clearly spelt out in Haryana Acrylic

Manufacturing Company (supra) as under:-

         "29. In the reasons supplied to the petitioner, there is no
        whisper, what to speak of any allegation, that the petitioner
        had failed to disclose fully and truly all material facts
        necessary for assessment and that because of this failure
        there has been an escapement of income chargeable to tax.
        Merely having a reason to believe that income had escaped
        assessment, is not sufficient to reopen assessments beyond
        the four year period indicated above. The escapement of
        income from assessment must also be occasioned by the
        failure on the part of the assessee to disclose material facts,
        fully and truly.       This is a necessary condition for
        overcoming the bar set up by the proviso to section 147. If
        this condition is not satisfied, the bar would operate and no
        action under section 147 could be taken. We have already
        mentioned above that the reasons supplied to the petitioner
        does not contain any such allegation. Consequently, one of
        the conditions precedent for removing the bar against taking
        action after the said four year period remains unfulfilled. In
        our recent decision in Wel Intertrade Private Ltd. [2009]
        308 ITR 22 (Delhi) we had agreed with the view taken by
        the Punjab and Haryana High Court in the case of Duli
        Chand Singhania [2004] 269 ITR 192 that, in the absence of
        an allegation in the reasons recorded that the escapement of
        income had occurred by reason of failure on the part of the
        assessee to disclose fully and truly all material facts
        necessary for his assessment, any action taken by the
        Assessing Officer under section 147 beyond the four year
        period would be wholly without jurisdiction. Reiterating our



W.P.(C) No. 13896/2009                                             Page 12 of 17
        view-point, we hold that the notice dated March 29, 2004,
        under section 148 based on the recorded reasons as supplied
        to the petitioner as well as the consequent order dated March
        2, 2005, are without jurisdiction as no action under section
        147 could be taken beyond the four year period in the
        circumstances narrated above."
                                                  (underlining added)


In Microsoft Corporation (I) Pvt. Ltd (supra) also this court observed as

under:-

          "From the above, it is evident that merely having a reason
          to believe that income had escaped assessment is not
          sufficient for reopening the assessment beyond the four year
          period referred to above. It is essential that the escapement
          of income from assessment must be occasioned by the
          failure on the part of the assessee to, inter alia, disclose
          material facts, fully and truly. If this condition is not
          satisfied, there would be a bar to taking any action under
          Section 147 of the said Act."
                                                    (underlining added)

Both these decisions were taken note of in M/s Swarovski India Pvt. Ltd

(supra) wherein it was observed as under:-

        "12. It is clear that the escapement of income by itself is
        not sufficient for reopening the assessment in a case covered
        by the first proviso to Section 147 of the said Act unless and
        until there is failure on the part of the assessee to disclose
        fully and truly all the material facts necessary for
        assessment. In the present case, it has not been specifically
        indicated as to which material fact or facts was/were not
        disclosed by the petitioner in the course of its original
        assessment under Section 143(3) of the said Act."
                                                  (underlining added)



W.P.(C) No. 13896/2009                                             Page 13 of 17
Similarly, in the Bombay High Court decision it has been held that

merely making a bald assertion that the assessee had not made a full and

true disclosure of material facts was not sufficient. It must be specifically

indicated as to what material fact or facts was/were not disclosed by the

petitioner in the course of its original assessment under Section 143(3) of

the said Act.

10.     The decisions referred to by Mrs Bansal do not in any way detract

from this legal position. In Usha International Ltd. (supra) itself, a Full

Bench of this court (per majority) clearly noted that there was a

distinction between disclosure / declaration of material facts made by the

assessee and the effect thereof and the principle of change of opinion.

This is stated so in paragraph 24 of the said decision which also indicate

that failure to make full and true disclosure of material facts is a pre-

condition which should be satisfied if the re-opening is after four years of

the end of the relevant assessment year. The court also took note of

Explanation 1 to Section 147 which stipulates that mere production of

books of accounts and other documents, from which the Assessing

Officer could have with due diligence inferred facts did not amount to full

and true disclosure. But, here, we find that it has not been pointed by the




W.P.(C) No. 13896/2009                                            Page 14 of 17
revenue as to what fact was not disclosed by the assessee. The assessee

had clearly stated during its original assessment proceedings that it had

paid an amount of ` 70,60,25,973/- to its parent company in USA by way

of royalty for use of the knowhow for duplication of software and also for

distribution of the software for which it had a license. The petitioner had

also clearly disclosed that it had a license from its parent company and

that the parent company continued to own all the rights in respect thereof

and there was no acquisition of those rights other than the right to use the

intangible assets in the knowhow. It was also the case of the petitioner /

assessee that the entire payment by way of royalty was in the nature of

revenue expenditure and this aspect had been examined and accepted by

the Assessing Officer in the original assessment. Therefore, we find it

difficult to agree with Mrs Bansal that the issue as to whether this

payment was or was not in the nature of revenue expenditure had not

been considered by the Assessing Officer during the course of the

original assessment. In any case, we are not examining this case from the

stand point of change of opinion but from the stand point of whether the

assessee had made a full and true disclosure of material facts. There is no

material which has been pointed out on behalf of the revenue which




W.P.(C) No. 13896/2009                                           Page 15 of 17
subsequently came to the knowledge of the revenue which was not

already there in the original assessment proceedings. No new fact has

emerged as a result of further or deeper examination of the existing

documents or any other fresh material.        Insofar as the assessee is

concerned, it had disclosed all the material facts and, therefore, there is

no question of the move to re-open assessment being valid. The other

decisions relied upon by Mrs Bansal turn on their own facts and do not

alter the settled position in law which has been indicated above.

11.     The fact of the matter is that the petitioner, during the original

assessment proceedings, had clearly indicated the nature of the royalty

payments.          The Assessing Officer had specifically asked in his

questionnaire as to the nature of the royalty payments and the assessee

was asked to justify the same. Upon further information provided by the

assessee, the Assessing Officer considered the aspect of royalty payment

and also noted the fact that the petitioner had claimed the same as

revenue expenditure.        In fact, the Assessing Officer disallowed `

34,63,07,373/- out of the entire claim of   ` 70,60,25,973/- and made an

addition on account thereof.




W.P.(C) No. 13896/2009                                              Page 16 of 17
12.     Consequent upon the above discussion, we are of the view that the

very condition that the assessee must not have made full and true

disclosure of the material facts is not satisfied and therefore, the re-

opening cannot be permitted. The impugned notice dated 30.03.2009 and

all proceedings pursuant thereto including the impugned order dated

23.11.2009 are set aside. We are making it clear that we have arrived at

the above conclusion upon examining the case from the stand point of

validity of assumption of jurisdiction under Section 147/148 and have not

examined the merits of the matter as to whether the royalty payments

were of a revenue or capital nature.

13.     The writ petition is allowed as above. The pending application

also stands disposed of.



                                       BADAR DURREZ AHMED, J



                                       SIDDHARTH MRIDUL, J

SEPTEMBER 25, 2014
SU




W.P.(C) No. 13896/2009                                         Page 17 of 17

 
 
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