Facts of the Case
The Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 29.01.2025 passed by the
Income Tax Appellate Tribunal, which disposed of twelve appeals relating to
Assessment Years 2007–08 to 2011–12.
Two principal issues arose before the ITAT. First,
the taxability of subsidy and remission of statutory dues amounting to
₹1,10,90,94,770 received under the Sugar Industrial Promotion Policy, 2004. The
Assessing Officer treated the subsidy as a revenue receipt on accrual basis,
while the CIT(A) partly reversed the addition, leading to cross-appeals.
Second, disallowance of after-sales expenses amounting to ₹6,89,80,258, which
the Assessing Officer treated as a mere provision not representing accrued liability.
The ITAT remanded the subsidy issue to the
Assessing Officer to be decided after final adjudication by the Supreme Court
in pending SLPs arising out of the Allahabad High Court judgment concerning
revocation of the Sugar Industrial Promotion Policy. On the issue of
after-sales expenses, the ITAT deleted the entire disallowance.
Issues Involved
Whether the ITAT erred in remanding the issue of
taxability of subsidy and remission of statutory dues instead of deciding it on
merits, whether the ITAT was justified in holding that the issue was pending
before the Supreme Court, and whether deletion of disallowance of after-sales
expenses was legally sustainable.
Appellant’s Arguments
The Revenue contended that the ITAT should have
decided the taxability of subsidy instead of remanding the matter to the
Assessing Officer. It was argued that remand on the ground of pendency before
the Supreme Court was unwarranted.
On the issue of after-sales expenses, the Revenue
argued that the assessee itself had admitted that only ₹1.76 crore represented
actual expenses, while the remaining amount was merely a provision, and
therefore the ITAT erred in deleting the entire addition.
Respondent’s Arguments
The assessee submitted that the subsidy issue was
intrinsically linked to the final outcome of the proceedings pending before the
Supreme Court concerning the Sugar Industrial Promotion Policy, 2004. Until
final adjudication, there was no reasonable certainty of accrual of income, and
therefore remand was justified to avoid multiplicity of proceedings.
On after-sales expenses, the assessee relied on
scientific computation of future liabilities and binding precedent including
Bharat Earth Movers Ltd. v. CIT and earlier Delhi High Court judgment in CIT v.
Triveni Engineering & Industries Ltd. rendered in the assessee’s own case,
wherein such provisions were held to be allowable and revenue neutral.
Court Order / Findings
The Delhi High Court observed that the ITAT had
remanded the subsidy issue only because its taxability depended upon the final
decision of the Supreme Court in pending SLPs arising from the Allahabad High
Court judgment. The Court held that in such circumstances, the contention that
the ITAT ought to have decided the issue on merits did not merit acceptance.
As regards after-sales expenses, the Court noted
that the ITAT had relied on the binding judgment of the Delhi High Court in CIT
v. Triveni Engineering & Industries Ltd. (2011) 336 ITR 374, rendered in
the assessee’s own case, wherein provisions for future liabilities based on
scientific computation were held to be allowable and revenue neutral. The Court
also recorded that the said judgment had attained finality as it was not
appealed further by the Revenue.
The Court concluded that the ITAT’s findings were
based on settled legal principles and binding precedent and did not give rise
to any substantial question of law.
Important Clarification
The Court clarified that where taxability of a
receipt depends upon the outcome of proceedings pending before the Supreme
Court, remand by the ITAT to await final adjudication is justified. It further
reaffirmed that provisions for future business liabilities, if based on
scientific computation and matching of cost and revenue, are allowable
deductions and disputes confined only to the year of allowability may be
revenue neutral.
Final Outcome
The appeal filed by the Revenue was dismissed. The
Delhi High Court upheld the order of the Income Tax Appellate Tribunal
remanding the subsidy issue to await the Supreme Court’s decision and deleting
the disallowance of after-sales expenses, holding that no substantial question
of law arose for consideration.
Link to download order- https://www.mytaxexpert.co.in/uploads/1769681781_PR.COMMISSIONEROFINCOMETAXNOIDAVsTRIVENIengineeringandindustriesltd.pdf
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