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Income Tax - Highlights / Catch Notes

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Insurance Business - Addition on account of Surplus disclosed in ...


Tax Relief Confirmed: Income Tax Appeals and Tribunal Uphold Surplus Ruling in Insurance Case Under Form 1.

October 14, 2023

Case Laws     Income Tax     AT

Insurance Business - Addition on account of Surplus disclosed in Form 1 of Actuarial Report - Netting off of 'surplus' available both in Policy Holders Account and Share Holder's account - Relief granted by the CIT(A) confirmed - AT

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