{"id":9691,"date":"2015-02-16T13:03:22","date_gmt":"2015-02-16T07:33:22","guid":{"rendered":"http:\/\/itatonline.org\/archives\/?p=9691"},"modified":"2015-02-16T13:03:22","modified_gmt":"2015-02-16T07:33:22","slug":"swiss-re-insurance-company-limited-vs-ddit-itat-mumbai-service-pe-establishing-subsidiary-in-other-treaty-country-does-not-result-in-creating-pe-of-a-foreign-holding-company-in-the-third-country-as","status":"publish","type":"post","link":"https:\/\/itatonline.org\/archives\/swiss-re-insurance-company-limited-vs-ddit-itat-mumbai-service-pe-establishing-subsidiary-in-other-treaty-country-does-not-result-in-creating-pe-of-a-foreign-holding-company-in-the-third-country-as\/","title":{"rendered":"Swiss Re-insurance Company Limited vs. DDIT (ITAT Mumbai)"},"content":{"rendered":"<p>The AO is not right in (i) treating the assessee as having a Dependent Agency Permanent Establishment; (ii) laying down that the assessee has a business connection in India; (iii) treating SRSIPL as service PE and (iv) treating SRSIPL as Agency PE. Ld. The assessee does not fulfill any of the mandatory conditions for the aforementioned allegations. Article 5(4) of the Indo-Swiss Treaty categorically excludes cases of reinsurance services. The agreement between the assessee and SRSIPL does not include contracts of reinsurance and confirmation of liability. The law on the subject of PE\/ service PE\/ agency PE is laid down in <strong>E-Funds IT Solutions<\/strong>, 42 taxamann.com 50, <strong>Varian India Pvt. Ltd.<\/strong>, 33 taxamann.com 249 and <strong>eBay International AG<\/strong>, 25 taxamann.com 500. The facts of the case in hand clearly show that the employees of the SRSIPL has only provided services to SRSIPL and there is no noting on record to prove that the employees had provided services to the assessee or the assessee is paying their salaries or perquisites. <strong>DIT(IT) vs.Morgan Stanley &#038; Company<\/strong>, 292 ITR 416(SC), <strong>Centrica India Offshore P. Ltd. Vs. CIT<\/strong>, 44 taxamann.com 300 and <strong>Jebon Corporation India vs. CIT<\/strong>, 245 CTR 300(Kar) distinguished.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AO is not right in (i) treating the assessee as having a Dependent Agency Permanent Establishment; (ii) laying down that the assessee has a business connection in India; (iii) treating SRSIPL as service PE and (iv) treating SRSIPL as Agency PE<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/archives\/swiss-re-insurance-company-limited-vs-ddit-itat-mumbai-service-pe-establishing-subsidiary-in-other-treaty-country-does-not-result-in-creating-pe-of-a-foreign-holding-company-in-the-third-country-as\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,8],"tags":[],"class_list":["post-9691","post","type-post","status-publish","format-standard","hentry","category-all-judgements","category-tribunal","judges-amit-shukla-jm","judges-n-k-billaiya-am","section-article-5","counsel-madhur-agrawal","counsel-percy-pardiwala","court-itat-mumbai","catchwords-permanent-establishment","catchwords-service-pe","genre-international-tax"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/9691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/comments?post=9691"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/9691\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/media?parent=9691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/categories?post=9691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/tags?post=9691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}