https://www.taxtmi.com/acts?id=10589 The amendment makes taxable profit of non-life insurance business the profit before tax and appropriations as shown in the profit and loss account prepared under the Insurance Act or the Insurance Regulatory and Development Authority Act, subject to existing Schedule adjustments and a new regulatory-linked adjustment: deductions for write-offs or provisions for diminution or loss on realisation of investments and additions for amounts credited on appreciation or gains on realisation of investments in accordance with Insurance Regulatory and Development Authority regulations. en-us Tue, 07 Jul 2009 16:16:36 +0530 Tue, 07 Jul 2009 16:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10589 The amendment makes taxable profit of non-life insurance business the profit before tax and appropriations as shown in the profit and loss account prepared under the Insurance Act or the Insurance Regulatory and Development Authority Act, subject to existing Schedule adjustments and a new regulatory-linked adjustment: deductions for write-offs or provisions for diminution or loss on realisation of investments and additions for amounts credited on appreciation or gains on realisation of investments in accordance with Insurance Regulatory and Development Authority regulations. Act-Rules Bills Tue, 07 Jul 2009 16:16:36 +0530 https://www.taxtmi.com/acts?id=10589