Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 6, Cited by 1]

Gujarat High Court

Dy. C. I. T. (Asstt.) vs Anil Starch Products ... on 24 November, 2014

Author: K.S.Jhaveri

Bench: Ks Jhaveri

         O/TAXAP/453/2000                                   JUDGMENT



           IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                            TAX APPEAL NO. 453 of 2000
                                       With
                            TAX APPEAL NO. 158 of 2001
                                       With
                            TAX APPEAL NO. 361 of 2001


FOR APPROVAL AND SIGNATURE:



HONOURABLE MR.JUSTICE KS JHAVERI


and
HONOURABLE MR.JUSTICE K.J.THAKER

================================================================

1     Whether Reporters of Local Papers may be allowed to see
      the judgment ?

2     To be referred to the Reporter or not ?

3     Whether their Lordships wish to see the fair copy of the
      judgment ?

4     Whether this case involves a substantial question of law as
      to the interpretation of the Constitution of India, 1950 or any
      order made thereunder ?

5     Whether it is to be circulated to the civil judge ?

================================================================
                       DY. C. I. T. (ASSTT.)....Appellant(s)
                                      Versus
                 ANIL STARCH PRODUCTS LTD.....Opponent(s)
================================================================
Appearance:
MR NITIN K MEHTA, ADVOCATE for the Appellant(s) No. 1
================================================================

          CORAM: HONOURABLE MR.JUSTICE KS JHAVERI
                 and


                                     Page 1 of 18
       O/TAXAP/453/2000                           JUDGMENT



                   HONOURABLE MR.JUSTICE K.J.THAKER

                             Date : 24/11/2014


                         COMMON ORAL JUDGMENT

(PER : HONOURABLE MR.JUSTICE KS JHAVERI)

1. The Tax Appeal No.453 of 1999 u/s.260A of the  Income­tax   Act,   1961   is   filed   against   the  judgment   and   order   of   the   Income   Tax   Appellate  Tribunal passed in ITA No.3168/Ahd/1994.

2. The Tax Appeal No.158 of 2001 u/s.260A of the  Income­tax   Act,   1961   is   filed   against   the  judgment   and   order   of   the   Income   Tax   Appellate  Tribunal passed in ITA No.5815/Ahd/1994.

3. The Tax Appeal No.361 of 2001 u/s.260A of the  Income­tax   Act,   1961   is   filed   against   the  judgment   and   order   of   the   Income   Tax   Appellate  Tribunal passed in ITA No.1399/Ahd/1995.

4. The   respondents   herein   are   the   assessess. 

They   filed   their   return.     The   assessee   of   Tax  Appeal   No.453   of   1999   filed   its   return   on  26.12.1999,   declaring   total   income   of  Page 2 of 18 O/TAXAP/453/2000 JUDGMENT Rs.30,06,630/­   for   the   Assessment   Year   1990­91. 

Similarly,   the assessee  of Tax  Appeal  No.158  of  2001   filed   its   return   on   29.12.1993,   declaring  total income of Rs.7,46,408/­ for the Assessment  Year 1993­94.  The assessee of Tax Appeal No.361  of 2001 filed its return on 31.12.1992, declaring  total   income   of   Rs.2,10,01,369/­   for   the  Assessment   Year   1992­93.     The   assessments   were  taken   under   scrutiny   and   the   Assessment   Officer  vide   its   order,   determined   the   total   income   of  assessee   of   Tax   Appeal   No.453   of   1999   at  Rs.88,09,460/­.     The   assessee   of   Tax   Appeal  No.158/2001   at   Rs.27,01,014/­   and     the   assessee  of Tax Appeal No.361 of 2001 at Rs.2,75,88,228/­. 

5. Being aggrieved by the orders passed by the  A.O.,   Appeals   were   preferred   before   the   CIT(A). 

By  order  dated  29.04.1994,  in the  first  matter,  the appeal was allowed in part, in second matter  vide   order   dated   29.02.1994   the   appeal   was  allowed   and   in   third   matter   vide   order   dated  30.09.1994   the appeal  was  partly  allowed   by the  Page 3 of 18 O/TAXAP/453/2000 JUDGMENT respective   CIT(A)s.    Against   the said  orders  of  CIT(A), appeal was preferred before the Appellate  Tribunal.    By impugned  judgment  and order  dated  01.12.2000   in   first   two   appeals   the   Appellate  Tribunal   dismissed   the   appeal   filed   by   the  Revenue   and   by   order   dated   19.04.2001   in   the  third one, the Appellate Tribunal partly allowed  the   appeal   filed   by   the   Revenue.   Hence,   this  appeals.

6. We have heard learned counsel all the sides. 

Tax Appeal No.158 of 2001 was admitted vide order  dated   25.06.2001   and   Tax   Appeal   No.361   of   2001  was admitted vide order dated 21.01.2002.

7. While   admitting   Tax   Appeal   No.158/2001,  following substantial questions of law arose for  the determination of this Hon'ble Court;

"Whether,   the   Appellate   Tribunal   was   justified   in   law   and   on   facts   in   confirming the order of the Commissioner   of   Income­tax   (A)   who   held   that   the   expenditure   under   consideration   was   revenue   in   nature   and   allowable   u/s   37   of   the   Act   disregarding   the   special   provisions of sec.35AB?"
Page 4 of 18
O/TAXAP/453/2000 JUDGMENT While   admitting   Tax   Appeal   No.361   of   2001,  following substantial questions of law arose for  the determination of this Hon'ble Court; 
"Whether,   the   Appellate   Tribunal   is   right   in   law   and   on   facts   in   holding   that   payment   of   technical   know   how   was   not   hit   by   the   provisions   of   section   35AB   and   thereby   deleting   the   addition   of Rs.54,79,485/­?"

8. In   Tax   Appeal   No.453   of   2000,   following  substantial   question   of   law   as   proposed   to   be  made for the determination of this Hon'ble Court;

"Whether,   the   Appellate   Tribunal   is   right   in   law   and   on   facts   in   deleting   the   disallowance   of   Rs.1,24,512/­   made   under section 35AB of the Act?"

9. It appears that while admitting the matters,  this   Court   had   decided   to   hear   these   appeals  altogether   with   TAX   Appeal   No.326   of   2000,  wherein,   identical   question   i.e.   question   No.3  was framed.

10. It has come to the notice of this Court that  said Tax Appeal No.326 of 2000 has already been  disposed of by this Court, in which   the   issue  Page 5 of 18 O/TAXAP/453/2000 JUDGMENT No.3,   which   is   similar   to   the   issue   raised   in  these   appeals,   has   already   been   concluded   by   a  decision   of   this   Court   rendered   in   Tax   Appeal  No.326   of   2000,   decided   on   03.07.2012.   The  relevant   paragraphs   of   the   said   judgment   are  reproduced hereunder: 

"10.   This   brings   us   to   the   last   remaining  but   elaborately   argued   question.   The   issue   pertains   to   application   of   section   35AB   of   the   Act   and   arises   in   following   factual  background.   The   assessee,   a   company   engaged  in manufacturing of starch and other similar   products,   during   the   year   under  consideration   relevant   to   assessment   year  1989­90,   paid   a   sum   of   Rs.20,35,335/­   and  described it as technical know­how fees. The   assessee   further   expended   a   sum   of  Rs.2,88,545/­   and   described   as   technical  service   fees.   Thus,   total   sum   of  Rs.23,23,880/­   of   expenditure   incurred   by  the assessee, of which the assessee claimed  total   deduction   as   a   revenue   expenditure,   came   up   for   consideration   before   the   Assessing Officer. The Assessing Officer was   of   the   opinion   that   such   expenditure   would   fall   within   section   35AB   of   the   Act.   The   assessee   when   called   upon   by   the   Assessing   Officer,   contended   that   the   provisions   of   section 35AB of the Act are applicable only   in respect of capital expenditure and not in   respect of revenue expenditure. The assessee   further   contended   that   the   company   while  acquiring   such   know­how,   obtained   no   ownership   right   on   such   information   and   know­how   was   furnished   by   the   foreign  company to the assessee under an agreement.  The   assessee   also   contended   that   such  technical   know­how   was   for   the   purpose   of  Page 6 of 18 O/TAXAP/453/2000 JUDGMENT production   of   its   existing   items   which   are   being   manufactured   by   the   assessee   company   since many years.
11. The Assessing Officer, however, did not  accept   the   contentions   of   the   assessee.   He   though   agreed   that   such   expenditure   was   revenue   in   nature,   was   of   the   opinion   that   the   same   would   be   covered   within   section   35AB   of   the   Act.   The   assessee,   therefore,  could not claim entire deduction thereof in the assessment year under consideration, but   had   to   amortize   the   same   as   provided   under   the said section and spread over the benefit   over a period of six years.
12.   Dissatisfied   with   such   decision   of   the   Assessing   Officer,   the   assessee   carried   the  matter in appeal. Before the CIT (Appeals),  the assessee in addition to contending that  being   a   revenue   expenditure,   could   not   be  brought   out   of   section   35AB   of   the   Act,   further   contended   that   the   provision   of   section   35AB   of   the   Act   is   enabling  provision.
13. The CIT (Appeals), however, rejected the   assessee's  appeal.   He   was   of   the   opinion   that section 37(1) of the Act, which covers   expenditure   not   being   in   the   nature   of   the   expenditure described in sections 32 to 36,  would   not   apply   in   the   present   case   by  virtue   of   the   provisions   contained   in  section   35AB   of   the   Act.   He   was   of   the  opinion   that   since   section   35AB   of   the   Act   makes   a   specific   provision   to   treat   the  expenditure   incurred   for   acquisition   of   technical   know­how   by   way   of   lump   sum  payment, even if such a payment was revenue   in nature, would not fall within sub­section   (1) of section 37 of the Act.
14.   Undeterred,   assessee   carried   the   matter  before   the   Tribunal.   The   Tribunal   by   the   Page 7 of 18 O/TAXAP/453/2000 JUDGMENT impugned judgement reversed the decisions of   the revenue authorities. The Tribunal noted that   as   per   the   agreement,   all   information   and   know­how   furnished   by   the   foreign  company   remains   the   property   of   that   company; the payment was made as a lump sum   consideration   to   such   foreign   company   for   only use of the know­how for the purpose of   its   running   business   for   a   limited   period.  

The   Tribunal   noted   that   undisputedly,   there  was no purchase of the same from the foreign  company.   The   Tribunal   thereafter   noted  several   decisions   on   the   issue   whether   payment made for right  to use or access to   technical   knowledge   could   be   treated   as   revenue or capital expenditure. The Tribunal   in   its   concluding   portion,   proceeded   to   allow the assessee's appeal holding that the   case   of   the   assessee   was   not   covered   under   section   35AB   of   the   Act.   The   Tribunal   made   following observations:

"8.   In   the   case   before   us,   we   have   already noticed that according to the   assessee,   it   had   not   purchased   or   obtained   ownership   of   the   technical   know­how from the foreign company. On   the other hand, the assessee is only a   licensee by which it can use the know­ how   for   the   purpose   of   its   business   temporarily   for   which   the   lump   sum   payment has been made. Therefore, the   present   case   is   not   covered   by   the   provision   of   section   35AB   as   rightly   held by the Tribunal, Calcutta Bench.   Therefore,   considering   the   entire   circumstances   of   the   case,   we   are   of   the   view   that   section   35AB   has   no   application   in   the   present   case   and   the assessee is entitled to deduction   u/s 37(1) of the Act."

15. It is this view of the Tribunal which is   under challenge at the hands of the revenue.   Learned   counsel   Shri   Varun   Patel   for   the   revenue   vehemently   contended   that   the  Page 8 of 18 O/TAXAP/453/2000 JUDGMENT Tribunal   committed   grave   error   in   allowing   the   assessee's   appeal.   He   submitted   that  section 35AB of the Act is widely worded and includes   any   expenditure   incurred   for  acquisition   of   technical   know­how.   Concept   of   ownership   here   is   not   material.   He  further   submitted   that   once   an   expenditure,  whether revenue or capital, is covered under   section 35AB of the  Act, by virtue of  very   language of sub­section (1) of section 37 of   the   Act,   the   assessee   cannot   claim   any   benefit thereof under section 37 of the Act.

16.   In   support   of   his   contentions,   counsel   placed heavy reliance on the decision of the   Madras   High   Court   in   the   case   of  Commissioner   of   Income   Tax   v.   Tamil   Nadu   Chemical   Products   Ltd.,   reported   in   (2003)   259 ITR 582, wherein a Division Bench of the  Madras High Court expressed an opinion that  during   the   period   when   section   35AB   of   the   Act   remained   effective,   any   expenditure   towards   acquisition   of   know­how,  irrespective of whether it is a capital or a  revenue expenditure, was to be treated only  in   accordance   with   section   35AB   and   the  deduction allowable in respect of such know­ how was 1/6th of the amount paid as lump sum   consideration for acquiring know­how.

16.1 Counsel also relied on the decision of   the   M.   P.   High   Court   in   the   case   of   Commissioner   of   Income   Tax   v.   Bright   Automotives   And   Plastics   Ltd.,   reported   in  (2005)   273   ITR   59.   In   the   said   decision,   however, the principal question pertained to   interpretation   of   term   "acquiring"   in   section   35AB   of   the   Act.   The   High   Court   opined   that   such   term   has   to   be   given   a   liberal meaning and in order to attract the   rigour   of   section   35AB   of   the   Act,   it   may   not   be   necessary   for   the   assessee   to   actually   become   an   absolute   owner   of   the   knowhow. The High Court also opined that for   the   purpose   of   said   section,   nature   of   Page 9 of 18 O/TAXAP/453/2000 JUDGMENT expenditure   whether   revenue   or   capital,   is   of no consequence.

17.   On   the   other   hand,   Shri   Manish   Shah,   counsel   for   the   respondent­assessee   opposed   the   appeal   contending   that   the   expenditure   in   question   was   purely   revenue   in   nature.  The   same   was,   therefore,   not   covered   under   section 35AB of the Act. Such provision was   made to encourage acquisition of know­how to   improve the quality and efficiency of Indian manufacturing.   He   submitted   that   the   assessee acquired the know­how for a limited   period   and   never   enjoyed   any   ownership   or  domain   right   over   such   technicality.   The  knowhow   was   utilized   for   manufacturing   of   its   existing   items,   neither   new  manufacturing   unit   was   established   nor   new   item of manufacturing was introduced. 17.1   Counsel   pointed   out   that   even   the   Assessing   Officer   who   agreed   that   the  expenditure   in   question   was   a   revenue  expenditure.   CIT   (Appeals)   did   not   disturb   this   finding.   The   Tribunal   gave   detailed  reasons   to   hold   that   the   expenditure   was   revenue in nature.

17.2   Counsel,   therefore,   submitted   that   if   that   be   so,   section   35AB   of   the   Act   would   have   no   applicability   since   such   provision   was   made   as   an   enabling   provision   and   not   for limiting the benefits which were already   existing. In this respect, counsel drew our  attention   to   the   C.B.D.T.   Circular   No.421  dated   12.6.1985   wherein   with   respect   to   deduction in respect of expenditure of know­ how, it was clarified that, "With a view to   providing   further   encouragement   for  indigenous   scientific   research,   the   Finance   Act,   1985,   has   inserted   a   new   section   35AB   in the Income­tax Act."

17.3   Counsel   placed   heavy   reliance   on   the  decision   of   the   Apex   Court   in   the   case   of   Page 10 of 18 O/TAXAP/453/2000 JUDGMENT Commissioner of Income Tax v. Swaraj Engines   Ltd.,  (2009) 309 ITR 443 in which the Apex   Court   had   an   occasion   to   examine   the   decision   of   Punjab   &   Haryana   High   Court   on   the   question   of   applicability   of   section  35AB of the Act. To this decision, we would   revert at a latter stage.

18.   From   the   submissions   made   before   us,   central   question   that   calls   for   our  consideration whether in fact the revenue is justified   in   applying   section   35AB   of   the  Act, or whether the assessee, as held by the  Tribunal, was correct in contending that the   said   provision   would   have   no   application.   Before going to such question, we may recall   that the Assessing Officer, in clear terms,  held   that   the   expenditure   was   revenue   in   nature.   CIT   (Appeals)   did   not   disturb   this   finding, but proceeded to hold that the same   would be hit by section 35AB of the Act and therefore,   not   allowable   deduction   under  section 37(1) of the Act. The Tribunal noted   the   nature   of   such   expenditure.   Significant  features thereof were that the assessee had  not purchased or obtained ownership of such  technical know­how from the foreign company.   The   assessee   was   merely   a   licensee   under   which   license   it   could   use   a   know­how   for   the purpose of its business temporarily. For   such   acquisition   of   know­how,   the   assessee   paid lump sum payment.  It had also come on   record   before   the   Tribunal   that   such   technical know­how was used for the purpose  of   manufacturing   the   existing   items   which   the   assessee   was   manufacturing   since   years.  In short, without saying so many words, the   Tribunal   also   confirmed   the   view   of   the  revenue authorities that the expenditure was   revenue   in   nature.   If   that   be   so,   the   question   arises   whether   deduction   of   such   expenditure   can   be   limited   by   applying   section 35AB of the Act.

19.   As   already   noted,   as   clarified   by   the   Page 11 of 18 O/TAXAP/453/2000 JUDGMENT CBDT   circular   dated   12.6.1985,   such  provision was made in the statute in Finance Act, 1995 (with effect from 1.4.1985) with a   view   to  providing   further   encouragement   for  indigenous scientific research. Section 35AB  of the Act, which was later on deleted with   effect from 31.3.1999, reads as under:

"S. 35AB. Expenditure on know­how. (1)   Subject   to   the   provisions   of   sub­ section   (2),   where   the   assessee   has   paid in any previous year any lump sum   consideration  for  acquiring  any  know­ how   for   use   for   the   purposes   of   his   business,   one­sixth   of   the   amount   so   paid   shall   be   deducted   in   computing   the profits and gains of the business   for   that   previous   year,   and   the   balance   amount   shall   be   deducted   in   equal   installments   for   each   of   the   five   immediately   succeeding   previous   years.
[2] Where the know­how referred to in   sub­section   (1)   is   developed   in   a   laboratory,   university   or   institution   referred   to   in   sub­section   (2B)   of   section   32A,   one­third   of   the   said   lump   sum   consideration   paid   in   the   previous year by the assessee shall be   deducted in computing the profits and   gains   of   the   business   for   that   year,   and   the   balance   amount   shall   be   deducted   in   equal   installments   for   each of the two immediately succeeding   previous years.
Explanation - For the purposes of this   section,   "knowhow"   means   any   industrial   information   or   technique   likely to assist in the manufacture or   processing of goods or in the   working   of   a   mine,   oil   well   or   other   sources   of   mineral   deposits   (including   the   searching   for,   discovery   or   testing   of   deposits   or   the winning of access thereto)."
Page 12 of 18
O/TAXAP/453/2000 JUDGMENT 19.1 Sub­section (1) of section 35AB of the   Act   provides   for   a   deduction   for   any   lump   sum   payment   made   by   the   assessee   for   acquiring   any   know­how   for   use   for   the   purpose   of   its   business.   Such   deduction,  however, was to be spread over a span of six   years, during each of the six years starting   with   the   year   when   such   expenditure   was  incurred,   the   assessee   being   eligible   for  deduction   of   the   one­sixth   of   the   total  expenditure.
20.   The   moot   question   is   whether   such  provisions contained in section 35AB of the  Act would cover also revenue expenditure. In   this context, we may peruse the decision of the   Apex   Court   in   case   of  Commissioner   of  Income   Tax   v.   Swaraj   Engines   Ltd.  (supra)  more closely. The said decision was rendered   in   an   appeal   filed   by   the   revenue   challenging   the   decision   of   the   Punjab   &   Haryana   High   Court   in   the   case   of   Commissioner   of   Income   Tax   v.   JCT   Electronics Ltd., reported in (2008) 301 ITR   290   (P&H).   In   that   case,   the   assessee   had   claimed   a   deduction   of   a   sum   of   Rs.26.65   lakhs   (rounded   off)   paid   to   one   M/s  Kirloskar Oil Engines Ltd. As royalty on the   basis   of   an   agreement   for   the   purpose   of   acquiring   technical   know­how   for   the   manufacturing   of   diesel   engines.   The   Assessing   Officer   was   of   the   opinion   that  such   expenditure   was   covered   under   section   35AB   of   the   Act   and   the   same   could   not   be   treated   as   a   revenue   expenditure.   After   considering   the   assessee's   reply,   the  Assessing   Officer   applied   section   35AB   of   the   Act   to   such   expenditure.   The   assessee  approached   the   Commissioner   (Appeals)  against   such   a   decision   contending   that   under   the   said   agreement,   the   assessee   had   not become the owner of the technical know­ how   and   no   benefit   of   enduring   nature   had   been   received   by   the   assessee.   The   CIT   Page 13 of 18 O/TAXAP/453/2000 JUDGMENT (Appeals) granted benefit to the assessee to the   extent   such   expenditure   represented   the  royalty calculated on the basis of the sales   including excise duty and sales tax. The CIT   (Appeals)   held   that   such   expenditure   was  revenue   in   nature   and   accordingly,   allowed   the   assessee's   appeal.   The   Department,  thereupon,   approached   the   Tribunal.   The   Tribunal   rejected   the   revenue's   appeal.   The  Tribunal referred to various clauses of the  agreement   between   the   assessee   and   the  knowhow   provider   to   hold   that   such   expenditure was revenue in nature. When the  matter   reached   the   High   Court   at   the   hands   of the revenue, the High Court rejected the   appeal   on   a   somewhat   different   ground.   The   High Court held and observed that effort of   the revenue to bring the expenditure within  the   domain   of   section   35AB   of   the   Act   was   totally   misplaced   since   the   pre­condition  for   application   of   section   35AB   of   the   Act   was   that   the   payment   had   to   be   a   lump   sum   consideration   for   acquiring   any   know­how.  Such   pre­condition   was   not   satisfied.   On  this   basis,   the   High   Court   dismissed   the   appeal.   It   was   this   decision   of   the   High   Court which came up for consideration before   the   Apex   Court   in   the   case   of  Commissioner  of   Income   Tax   v.   Swaraj   Engines   Ltd.   (supra).   The   Apex   Court   observed   that,  "At  the same time, it is important to note that even for the applicability of section 35AB,  the nature of expenditure is required to be   decided   at   the   threshold   because   if   the  expenditure   is   found   to   be   revenue   in   nature,   then   section   35AB   may   not   apply.  

However,   if   it   is   found   to   be   capital   in   nature,   then   the   question   of   amortization  and spread over, as contemplated by section  35AB, would certainly come into play.". With  the   above   observations,   the   Apex   Court   proceeded   to   remand   the   matter   before   the  High   Court   observing   that   such   question   needs   to   be   decided   authoritatively   by   the   High   Court   as   it   was   an   important   question   of   law,   particularly,   after   insertion   of  Page 14 of 18 O/TAXAP/453/2000 JUDGMENT section 35AB. 

21.   This   decision   is   significant   for   our   purpose   and   we   have   taken   note   of   the   background leading to the appeal before the Apex   Court   due   to   such   reason.   The   Apex   Court   decision   would   suggest   that   for  determining   whether   certain   expenditure  would   fall   within   section   35AB   or   not,   it   would be important to examine the nature of   the   expenditure.   If   it   is   found   that   the   same   is   revenue   in   nature,   the   question   of   applicability   of   section   35AB   of   the   Act   would not arise. On the other hand, if it is   found   to   be   capital   in   nature,   then   the   question of amortization and spreading over,   as   contemplated   under   section   35AB   of   the  Act   would   come   into   play.   It   was   in   this   background that the Apex Court desired that  this question, that is, the question of the   nature   of   expenditure,   whether   revenue   or   capital,   be   first   decided   before   final   answer to the applicability or otherwise of  section   35AB   could   be   given.   We   may   recall   that the Punjab & Haryana High Court in the   decision   under   challenge   before   the   Supreme  Court   had   not   given   any   clear   finding   on   this   aspect   though   the   Tribunal   had  confirmed the view of the CIT (Appeals) that   the   expenditure   was   revenue   in   nature.   It  was precisely for this reason that the Apex   Court   remanded   the   proceedings   for  authoritatively declaration on this point by   the High Court.

22. In addition to the decision of the Apex   Court in the case of  Commissioner of Income  Tax v. Swaraj Engines Ltd.  (supra), we also  would   like   to   place   reliance   on   the  clarificatory   circular   issued   by   the   C.B.D.T.   bringing   out   the   nature   of   the  benefit   being   provided   under   section   35AB  and   the   purpose   for   introduction   of   such   provision in the statute. Such provision, as was   clarified,   was   made   with   a   view   to  Page 15 of 18 O/TAXAP/453/2000 JUDGMENT providing   further   encouragement   for  indigenous   scientific   research.   Thus,   such   statutory   provision   was   made   for   making   available the benefits which were hither to  not   available   to   the   manufacturers   while  incurring   expenditure   for   acquisition   of  technical   know­how.   To   the   extent   such  expenditure   was   covered   under   section   35AB   of the Act, amortized deduction spread over  six   years   was   made   available.   If   such  expenditure was capital in nature, prior to  introduction of section 35AB of the Act, no   such   deduction   could   be   claimed.   With  introduction   of   section   35AB,   to   encourage   indigenous   scientific   research,   such  deduction   was   made   available.   Such   a   provision   cannot   be   seen   as   a   limiting   provision   restricting   the   existing   benefits   of the assessee. In other words, the revenue   expenditure   in   the   form   of   acquisition   of  technical   know­how   which   was   available   as   deduction   under   section   37(1)   of   the   Act,  was never meant to be taken away or limited   by introduction of section 35AB of the Act.   In   the   Ninth   Edition,   Volume­I   of   Palkhivala,   while   explaining   the   provisions   of   section   35AB   of   the   Act,   following   has   been observed:

"This section allows deduction, spread   over   six   years,   of   a   lump   sum   consideration paid for acquiring know­ how for the purposes of business even   if   later   the   assessee's   project   is   abandoned   or   if   such   know­how   subsequently becomes useless or if the   same   is   returned.   The   section,   which   is   an   enabling   section   and   not   a   disabling   one,   should   be   confined   to   that   consideration   which   would   otherwise be disallowable as being on   capital   account.   A   payment   for   acquiring know­how or the use of know­ how   which   is   one   revenue   account   is   allowable   under   section   37,   and   does   not   attract   the   application   of   this   section at all."
Page 16 of 18
O/TAXAP/453/2000 JUDGMENT
23.   To   our   mind,   therefore,   the   provisions   of section 35AB of the Act can apply only in   case   of   capital   expenditure   and   of   course,   provided the conditions set out therein are  fulfilled. In such a case, during the period   when section 35AB remained in operation, the   assessee   could   claim   benefit   thereof.  However, such provision would not apply to a   revenue   expenditure   even   if   the   same   was   incurred   for   acquisition   of   technical   know­ how.   Deduction   on   such   expenditure   was   available   even   before   the   introduction   of   section   35AB   of   the   Act   and   such   deduction   cannot   be   curtailed   or   limited   by   applying   section   35AB.   In   that   view   of   the   matter,   taking   such   an   expenditure   out   of   section  37(1) of the Act, would not arise.
24. We are unable to concur with the view of   the   Madras   High   Court   in   case   of  Commissioner   of   Income   Tax   v.   Tamil   Nadu   Chemical Products Ltd. (supra), which was in  any   case   rendered   prior   to   the   decision   of   the   Apex   Court   in   the   case   of  Commissioner  of   Income   Tax   v.   Swaraj   Engines   Ltd.   (supra).
25.   Before   closing,   we   may   clarify   that   in   the   present   case,   the   Assessing   Officer   himself   proceeded   on   the   basis   that   the  expenditure   was   revenue   in   nature.   In   that   view of the matter, the interpretation that  we have adopted would apply and the case of   the   assessee   would   not   fall   under   section  35AB   of   the   Act.   In   a   given   case,   if   the   expenditure is held to be capital in nature,   further question of applicability of section   35AB   of   the   Act   may   arise.   In   essence,   therefore,   each   case   would   have   to   be  examined   separately   and   on   the   strength   of   material   on   record.   Learned   counsel   Shri  Patel   however   requested   that   the   matter   be   remanded   to   the   Assessing   Officer   for  consideration   whether   the   expenditure   was  capital   or   revenue   in   nature.   We   find   that   Page 17 of 18 O/TAXAP/453/2000 JUDGMENT when the Assessing Officer had himself held  that it is revenue expenditure, there would  be no purpose of such a remand.
26.   In   the   result,   the   third   question   is   answered   in   the   negative,   that   is,   against   the   revenue   and   in   favour   of   the   assessee.  

Appeal   is   allowed   in   part   and   disposed   of   accordingly."

11. In   view   of   the   above,   we   concur   with   the  findings recorded by the earlier Division Bench,  since  the issues are already concluded vide the  judgment rendered in the above decision,  we are  not   assigning   elaborate   reasons   for   disposing  these appeals.  Accordingly, the questions of law  are   answered   in   favour   of   the   assessees   and  against   the   Revenue.     The   appeals   shall   stand  dismissed.  

(K.S.JHAVERI, J.) (K.J.THAKER, J) ANKIT Page 18 of 18