Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]

By Aparna. M - On December 13, 2022 1:02 pm - 2 mins read

Business Profits - RGA International Reinsurance Company - Reinsurance Business - Tax Implications - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Mumbai held that the business profits earned by the RGA International Reinsurance Company on account of the reinsurance business have no tax implications in India. The brief fact of the case is that the Assessee RGA International Reinsurance Company is an Ireland Company , they are engaged in the…

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