Income Tax, SC Judgement Dated 06/04/2026 – No TDS on Reinsurance Payments as Brokers not Permanent Establishment 

Case of PCIT vs Cholamandalam MS General Insurance Company Ltd, SC Judgement Dated 6th April 2026. The apex court confirms that reinsurance premiums paid to non-resident reinsurers are not taxable in India (no TDS), foreign brokers do not constitute a Permanent Establishment (PE), and insurance companies are not liable for Minimum Alternate Tax (MAT) under Section 115JB. 

(Link: SC Judgement Dated 06/04/2026)

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