https://www.taxtmi.com/caselaws?id=346465 The Tribunal partially allowed the appeal by validating the revised return filed by the assessee and ruling that Section 115JB does not apply to the general insurance company. Consequently, issues regarding the set-off of unabsorbed loss, addition of expenditure related to exempt income, and disallowance under Section 14A were rendered moot. The reassessment proceedings issue became irrelevant due to the Tribunal's decisions on other grounds. en-us Fri, 16 Jun 2017 00:00:00 +0530 Tue, 15 Aug 2017 22:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346465 The Tribunal partially allowed the appeal by validating the revised return filed by the assessee and ruling that Section 115JB does not apply to the general insurance company. Consequently, issues regarding the set-off of unabsorbed loss, addition of expenditure related to exempt income, and disallowance under Section 14A were rendered moot. The reassessment proceedings issue became irrelevant due to the Tribunal's decisions on other grounds. Case-Laws Income Tax Fri, 16 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346465