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Case lawITAT › DCIT v AMD India Private Limited
ITATHelps taxpayerValidity unconfirmeds.28(iv)s.194R

DCIT v AMD India Private Limited

My associated enterprise sends me equipment free of cost for testing and I return or destroy it. Is that a benefit I have to bring to tax?

My associated enterprise sends me equipment free of cost for testing and I return or destroy it. Is that a benefit I have to bring to tax?

No, on these facts. The Tribunal deleted an addition of Rs.7,73,50,917 made under s.28(iv), holding that where assets are received only for testing, the recipient has no ownership, the value in the invoice is stated only for customs purposes and the assets are returned or destroyed, no specific benefit arises from their use. The Assessing Officer had made the addition on presumption without demonstrating what benefit was received.

Decided by the ITAT (Waseem Ahmed, Accountant Member and Keshav Dubey, Judicial Member) on 2025-10-17, reported as IT(TP)A Nos. 1858 and 2031/Bang/2024, assessment year 2013-14 (ITAT Bangalore 'C' Bench). It bears on section 28(iv), section 194R of the Income Tax Act 1961, in TDS Defaults, Assessment & Scrutiny and How Tax Law Is Read matters.

Validity check could not be completed. Validity check could not be completed. I did not read the whole order and did not search for any appeal from it or later treatment of it. The entry is confined to the s.28(iv) ground and states nothing about the transfer pricing grounds or the final result of the cross-appeals.

Why it matters

This bears directly on the question every s.194R adviser has to answer — whether a thing handed over on a returnable basis is a 'benefit or perquisite' at all. The Board's own answer in Circular 12/2022 on a product given to a social media influencer draws the same line: returned after use, not a benefit; retained, a benefit. So the returnable-versus-retained distinction has support on both sides of the deduction question. Two cautions. This is a s.28(iv) decision and the Tribunal's own reasoning does not turn on s.194R; and the Board's stated position under s.194R is that the deductor need not first satisfy himself that the benefit is taxable in the recipient's hands, so a s.28(iv) authority does not by itself defeat a s.194R demand.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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