Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Commissioner of Income Tax6 Versus ICICI Prudential Insurance Co. Ltd.

2015 (7) TMI 972 - Bombay High Court

Appeal admitted on following questions:- - Whether on the facts and in the circumstances of the case and in law, the Tribunal correct in interpreting that on account of “legisltion by incorporation”, 'only' the “unamended” Insurance Act 1938 and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e First Schedule that the legislature consciously omitted incorporation of the provision of Insurance Regulatory and Development Authority Act 1999 and Regulations made thereunder in Rule 2 of the First Schedule which 'refers' only to unamended Insur .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ount and Share Holder's Account is to be consolidated and only “net surplus” is to be taxed as income from Insurance Business? - 4) Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in holding that p .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

0 OF 2013, NCOME TAX APPEAL NO. 688 OF 2013 - Dated:- 20-7-2015 - M.S. SANKLECHA & N.M. JAMDAR, JJ. For The Appellant : Mr. Suresh Kumar, Advocate For The Respondent: S.P. Mehta and Others ORDER This appeal by the revenue under Section 260A of th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f law for our consideration: 1) Whether on the facts and in the circumstances of the case and in law, the Tribunal correct in interpreting that on account of legisltion by incorporation , 'only' the unamended Insurance Act 1938 and the Regula .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

that the legislature consciously omitted incorporation of the provision of Insurance Regulatory and Development Authority Act 1999 and Regulations made thereunder in Rule 2 of the First Schedule which 'refers' only to unamended Insurance Act .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

older's Account is to be consolidated and only net surplus is to be taxed as income from Insurance Business? 4) Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in holding that provisions of Section .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

es of the case and in law, the Tribunal erred in allowing the dividend income of assessee as exempt u/s. 10(34) of the I.T. Act, 1961, ignoring the fact that dividend income is considered as part of income of Life Insurance Business and is included a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version