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Income Tax - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Computation of income - business of carrying out life insurance ...

Case Laws     Income Tax

March 16, 2023

Computation of income - business of carrying out life insurance viz-a-viz investment amortization - Ms Jha’s submission that in the computation of profits and gains of the appellant/assessee insofar as its insurance business is concerned, only the provisions of Section 44 of the Act would apply, has weight and hence will have to be accepted. - HC

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