VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case lawHigh Court › DIT v Guy Carpenter & Co Ltd
High CourtHelps taxpayerValidity unconfirmeds.9(1)(vii)s.260As.90

DIT v Guy Carpenter & Co Ltd

We pay reinsurance brokerage to an overseas broker who places our risk in the Lloyd's market — is that fees for technical services under the India-UK treaty?

We pay reinsurance brokerage to an overseas broker who places our risk in the Lloyd's market — is that fees for technical services under the India-UK treaty?

No, on these facts. The Delhi High Court dismissed the Revenue's appeal on 23 April 2012, holding that no substantial question of law arose. The Tribunal had found on the evidence that the overseas reinsurance broker was doing no more than acting as an intermediary — obtaining competitive proposals from Lloyd's syndicates, passing communications, submitting the slip to the market for signing and administering claims — and that nothing was made available to the Indian insurer within Article 13(4)(c) of the India-UK DTAA. The High Court held those to be findings of fact, and counsel for the Revenue could point to no perversity in them, so section 260A gave no scope to interfere.

Decided by the High Court (Delhi High Court; Badar Durrez Ahmed and V.K. Jain JJ, oral judgment delivered by Badar Durrez Ahmed J) on 2012-04-23, reported as ITA No. 202/2012 (Delhi High Court). It bears on section 9(1)(vii), section 260A, section 90 of the Income Tax Act 1961, in Residence & Treaty Benefit and Appeals matters.

Validity check could not be completed. A Delhi High Court Division Bench oral judgment of 23 April 2012 on assessment year 2006-07. Only the judgment text was before me; I made no citator check. Its weight is limited by what it decides — the appeal was dismissed for want of a substantial question of law, so the treaty analysis is the Tribunal's and stands unreversed rather than approved.

Why it matters

Two uses, and it is important not to overstate the first. On substance, the decision leaves standing a Tribunal finding that reinsurance brokerage paid to an overseas intermediary is neither technical nor consultancy service, and that the make available condition in Article 13(4)(c) is not met merely because the Indian insurer gains a better understanding of the international market from the broker's proposals. That is useful in any treaty with a make available clause. But the High Court decided the appeal on the appellate point, and that is the second and firmer use: where the Tribunal has examined the contract and the process and returned a finding on the character of a service, the Revenue must demonstrate perversity to get through section 260A. Framing four questions about the correct treaty characterisation will not convert a factual finding into a question of law.

Binding within that High Court'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.

Read aloud by your device. Press again to stop.

Related

Other authorities on the same sections.