https://www.taxtmi.com/caselaws?id=350099 Reinsurance premium earned from Indian cedents was treated as not taxable in India because the assessee's case was governed by an earlier binding ITAT decision on identical facts. The Tribunal noted that the lower authorities had accepted the earlier ruling as applicable and had made the additions only to keep the issue open for the Revenue's challenge. On that basis, the finding that there was no business connection or permanent establishment in India, and that no attribution of profits to India was warranted, continued to apply. The addition to business profits taxable in India was deleted. en-us Tue, 04 Jul 2017 00:00:00 +0530 Tue, 31 Oct 2017 14:43:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350099 Reinsurance premium earned from Indian cedents was treated as not taxable in India because the assessee's case was governed by an earlier binding ITAT decision on identical facts. The Tribunal noted that the lower authorities had accepted the earlier ruling as applicable and had made the additions only to keep the issue open for the Revenue's challenge. On that basis, the finding that there was no business connection or permanent establishment in India, and that no attribution of profits to India was warranted, continued to apply. The addition to business profits taxable in India was deleted. Case-Laws Income Tax Tue, 04 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350099