https://www.taxtmi.com/caselaws?id=197969 The High Court admitted the appeals for further detailed analysis and consideration on various issues including the interpretation of legislative provisions regarding the incorporation of the Insurance Act and Regulations, taxation of surplus in Policy Holders Account and Share Holder's Account, applicability of Section 14A of the Income Tax Act to Insurance business, treatment of dividend income as exempt under Section 10(34) of the Income Tax Act, impact of negative reserve on taxable surplus calculation, consideration of 100% depreciation claim in Actuarial surplus determination, and taxation of surplus in Share Holder's Account as income from insurance business. en-us Mon, 20 Jul 2015 00:00:00 +0530 Fri, 19 Jan 2018 08:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197969 The High Court admitted the appeals for further detailed analysis and consideration on various issues including the interpretation of legislative provisions regarding the incorporation of the Insurance Act and Regulations, taxation of surplus in Policy Holders Account and Share Holder's Account, applicability of Section 14A of the Income Tax Act to Insurance business, treatment of dividend income as exempt under Section 10(34) of the Income Tax Act, impact of negative reserve on taxable surplus calculation, consideration of 100% depreciation claim in Actuarial surplus determination, and taxation of surplus in Share Holder's Account as income from insurance business. Case-Laws Income Tax Mon, 20 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197969