https://www.taxtmi.com/highlights?id=13069 Business of Life Insurance - Income transferred to policy holders' a/c. was not application of income-it was charge on income and therefore AO had rightly excluded it from taxation. - AT en-us Mon, 17 Jun 2013 17:25:55 +0530 Mon, 17 Jun 2013 17:25:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13069 Business of Life Insurance - Income transferred to policy holders' a/c. was not application of income-it was charge on income and therefore AO had rightly excluded it from taxation. - AT Highlights Income Tax Mon, 17 Jun 2013 17:25:55 +0530 https://www.taxtmi.com/highlights?id=13069