ITA Nos. 643,675-77/2014 and 165, 166/2015 Page 1 of 40

$~

*

IN THE HIGH COURT OF DELHI AT NEW DELHI

Reserved on: September 22, 2015

Decided on: December 23, 2015

+

ITA 643/2014

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ..... Appellant

Through: Mr Nageshwar Rao with Mr Sandeep S.

Karhail and Mr Aniket D. Agarwal, Advocates.

Versus

THE ADDITIONAL COMMISSIONER OF INCOME

TAX

........ Respondent

Through: Mr. G.C. Srivastava with Mr. Daksh S.

Bhardwaj,

Mr.

Kamal

Sawhney

and

Mr.

Raghvendra Singh, Advocates.

WITH

+

ITA 675/2014

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ..... Appellant

Through: Mr Nageshwar Rao with Mr Sandeep S.

Karhail and Mr Aniket D. Agarwal, Advocates.

Versus

THE ADDITIONAL COMMISSIONER OF INCOME

TAX

........ Respondent

Through: Mr. G.C. Srivastava with Mr. Daksh S.

Bhardwaj,

Mr.

Kamal

Sawhney

and

Mr.

Raghvendra Singh, Advocates.

WITH

+

ITA 676/2014

2015:DHC:10481-DB

ITA Nos. 643,675-77/2014 and 165, 166/2015 Page 2 of 40

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ..... Appellant

Through: Mr Nageshwar Rao with Mr Sandeep S.

Karhail and Mr Aniket D. Agarwal, Advocates.

Versus

THE ADDITIONAL COMMISSIONER OF INCOME

TAX

........ Respondent

Through: Mr. G.C. Srivastava with Mr. Daksh S.

Bhardwaj,

Mr.

Kamal

Sawhney

and

Mr.

Raghvendra Singh, Advocates.

WITH

+

ITA 677/2014

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ..... Appellant

Through: Mr Nageshwar Rao with Mr Sandeep S.

Karhail and Mr Aniket D. Agarwal, Advocates.

versus

THE ADDITIONAL COMMISSIONER OF INCOME

TAX

........ Respondent

Through: Mr. G.C. Srivastava with Mr. Daksh S.

Bhardwaj,

Mr.

Kamal

Sawhney

and

Mr.

Raghvendra Singh, Advocates.

WITH

+

ITA 165/2015 & CM Nos. 3777/2015 & 3778/2015

COMMISSIONER OF INCOME TAX

........ Appellant

Through: Mr. G.C. Srivastava with Mr. Daksh S.

Bhardwaj, Mr. N.P. Sahni and Mr. Nitin Gulati,

Advocates.

Versus

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ...Respondent

Through: Mr Nageshwar Rao with Mr Sandeep S.

Karhail and Mr Aniket D. Agarwal, Advocates.

2015:DHC:10481-DB

ITA Nos. 643,675-77/2014 and 165, 166/2015 Page 3 of 40

WITH

41.

+

ITA 166/2015 & CM No.3779/2015

COMMISSIONER OF INCOME TAX

........ Appellant

Through: Mr. G.C. Srivastava with Mr. Daksh S.

Bhardwaj, Mr. N.P. Sahni and Mr. Nitin Gulati,

Advocates.

Versus

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ...Respondent

Through: Mr Nageshwar Rao with Mr Sandeep S.

Karhail and Mr Aniket D. Agarwal, Advocates.

AND

+

ITA 950/2015

BAUSCH & LOMB EYECARE (INDIA) PVT. LTD. ..... Appellant

Through: Mr. Nageswar Rao with Mr. Sandeep S.

Karhail, Advocates.

versus

DEPUTY COMMISSIONER OF INCOME TAX ..... Respondent

Through: Mr. P. Roy Chaudhuri, Senior Standing

counsel with Ms. Laxmi Gurung, Advocate.

CORAM:

JUSTICE S. MURALIDHAR

JUSTICE VIBHU BAKHRU

J U D G E M E N T

%

23.12.2015

Dr. S. Muralidhar, J.

Introduction

1. These are seven appeals, five by the Assessee and two by the Revenue,

2015:DHC:10481-DB

ITA Nos. 643,675-77/2014 and 165, 166/2015 Page 4 of 40

under Section 260A of the Income Tax Act, 1961 (‘Act’). The Assessment

Years (‘AYs’) involved are 2006-07 to 2010-11.

2. The Assessee’s appeals, ITA Nos. 643 of 2014, 675 of 2014, 676 of 2014

and 677 of 2014, are directed against the common order dated 23^rd May

2014 passed by the Income Tax Appellate Tribunal (‘ITAT’) in ITA Nos.

4924/Del/2011, 6580/Del/2013, 6382/Del/2012 and 3861/Del/2010 for AYs

2006-07, 2007-08, 2008-09 and 2009-10.

3. The Revenue’s two appeals, i.e., ITA No.165 of 2015 and 166 of 2015 are

directed against the same impugned common order of the ITAT. The

seventh appeal, i.e., ITA No.950 of 2015, is by the Assessee and is directed

against the order dated 19