https://www.taxtmi.com/highlights?id=67663 Determination of income u/s 44 - Taxing the income arising on account of shareholders profits - where the assessee company was engaged only in life insurance business and was not carrying on any other business, surplus or deficit as per shareholders account is to be aggregated with surplus or deficit with policyholders account for the purpose of determining the Profit & Loss Account of an assessee engaged in life insurance business u/s 44 of the Act. - AT en-us Thu, 12 Jan 2023 08:03:20 +0530 Thu, 12 Jan 2023 08:03:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67663 Determination of income u/s 44 - Taxing the income arising on account of shareholders profits - where the assessee company was engaged only in life insurance business and was not carrying on any other business, surplus or deficit as per shareholders account is to be aggregated with surplus or deficit with policyholders account for the purpose of determining the Profit & Loss Account of an assessee engaged in life insurance business u/s 44 of the Act. - AT Highlights Income Tax Thu, 12 Jan 2023 08:03:20 +0530 https://www.taxtmi.com/highlights?id=67663