https://www.taxtmi.com/caselaws?id=213061 The appeal by the assessee was allowed in full. The Tribunal directed the deletion of the addition of Rs. 3,91,680/- to the total income and the disallowance of Rs. 3,840,000/- on account of insurance premiums, recognizing the business necessity and compliance with relevant legal provisions. en-us Wed, 02 May 2012 00:00:00 +0530 Fri, 05 May 2017 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213061 The appeal by the assessee was allowed in full. The Tribunal directed the deletion of the addition of Rs. 3,91,680/- to the total income and the disallowance of Rs. 3,840,000/- on account of insurance premiums, recognizing the business necessity and compliance with relevant legal provisions. Case-Laws Income Tax Wed, 02 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213061