https://www.taxtmi.com/caselaws?id=795601 Insurance-business income under Section 44 and Rule 5 is discussed in relation to reinsurance premium ceded beyond a prescribed threshold. The notes state that where the competent regulator has accepted the arrangement and found no breach, tax authorities should not infer a regulatory infraction without contrary material. They also explain that independently acquired enterprise software falls within the separate computer-software depreciation block in Appendix I. A software licence, being the ordinary mode of software supply, does not by itself make the asset an intangible licence under Section 32(1)(ii). en-us Fri, 10 Jul 2026 00:00:00 +0530 Fri, 24 Jul 2026 08:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795601 Insurance-business income under Section 44 and Rule 5 is discussed in relation to reinsurance premium ceded beyond a prescribed threshold. The notes state that where the competent regulator has accepted the arrangement and found no breach, tax authorities should not infer a regulatory infraction without contrary material. They also explain that independently acquired enterprise software falls within the separate computer-software depreciation block in Appendix I. A software licence, being the ordinary mode of software supply, does not by itself make the asset an intangible licence under Section 32(1)(ii). Case-Laws Income Tax Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795601