https://www.taxtmi.com/caselaws?id=429288 The Tribunal upheld the adjustment made under section 143(1) for the amount received on maturity of the insurance policy, emphasizing the distinction between tax deduction on sums paid under insurance policies and the addition of income for tax purposes. The Tribunal recalculated the adjustment amount to Rs.3,76,000, partially allowing the appeal and ordering the adjustment accordingly. en-us Wed, 19 Oct 2022 00:00:00 +0530 Fri, 21 Oct 2022 07:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429288 The Tribunal upheld the adjustment made under section 143(1) for the amount received on maturity of the insurance policy, emphasizing the distinction between tax deduction on sums paid under insurance policies and the addition of income for tax purposes. The Tribunal recalculated the adjustment amount to Rs.3,76,000, partially allowing the appeal and ordering the adjustment accordingly. Case-Laws Income Tax Wed, 19 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429288