https://www.taxtmi.com/caselaws?id=382691 The High Court ruled in favor of the assessee in the case of Oriental Insurance Co. Ltd. vs. Deputy Commissioner of Income-tax, holding that profit on the sale of investments is exempt. The Court also upheld decisions regarding TDS on payments to surveyors outside India, the inapplicability of Section 115JB to insurance companies, and TDS on commission for re-insurance premium, all decided against the Revenue. As a result, the appeals were dismissed, and no costs were awarded. en-us Fri, 14 Jun 2019 00:00:00 +0530 Tue, 09 Jul 2019 06:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382691 The High Court ruled in favor of the assessee in the case of Oriental Insurance Co. Ltd. vs. Deputy Commissioner of Income-tax, holding that profit on the sale of investments is exempt. The Court also upheld decisions regarding TDS on payments to surveyors outside India, the inapplicability of Section 115JB to insurance companies, and TDS on commission for re-insurance premium, all decided against the Revenue. As a result, the appeals were dismissed, and no costs were awarded. Case-Laws Income Tax Fri, 14 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382691