https://www.taxtmi.com/caselaws?id=330942 The tribunal dismissed all revenue appeals and upheld the CIT(A)'s decisions. Key issues included the treatment of provisions for IBNR and unidentified motor third-party claims, disallowance of certain expenses, and addition towards reserve for unexpired risk under section 115JB. The tribunal found in favor of the assessee, citing adherence to IRDA guidelines, precedent, statutory requirements, and Supreme Court rulings. The decisions were based on detailed analysis and consistent application of legal principles. en-us Fri, 05 Aug 2016 00:00:00 +0530 Tue, 09 Aug 2016 12:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330942 The tribunal dismissed all revenue appeals and upheld the CIT(A)'s decisions. Key issues included the treatment of provisions for IBNR and unidentified motor third-party claims, disallowance of certain expenses, and addition towards reserve for unexpired risk under section 115JB. The tribunal found in favor of the assessee, citing adherence to IRDA guidelines, precedent, statutory requirements, and Supreme Court rulings. The decisions were based on detailed analysis and consistent application of legal principles. Case-Laws Income Tax Fri, 05 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330942