https://www.taxtmi.com/caselaws?id=198831 The Tribunal affirmed that surplus/deficit from shareholders account can be aggregated with surplus/deficit from policy holders account for computing income under section 44 of the Income-tax Act. The Tribunal upheld the CIT(Appeals) decision, dismissing the revenue's appeal and allowing the aggregation, resulting in a loss for the assessee. en-us Fri, 08 Sep 2017 00:00:00 +0530 Sat, 10 Feb 2018 07:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198831 The Tribunal affirmed that surplus/deficit from shareholders account can be aggregated with surplus/deficit from policy holders account for computing income under section 44 of the Income-tax Act. The Tribunal upheld the CIT(Appeals) decision, dismissing the revenue's appeal and allowing the aggregation, resulting in a loss for the assessee. Case-Laws Income Tax Fri, 08 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198831