https://www.taxtmi.com/caselaws?id=797403 Computation of non-life insurance business profits under Section 44 and Rule 5, the application of Section 14A, withholding obligations on payments to non-resident surveyors and reinsurers, disallowance for non-deduction of tax, UPS depreciation, minimum alternate tax for insurers, and consistency in assessments were identified as the substantive tax issues. The High Court had answered the admitted questions largely for the assessee. The Supreme Court dismissed the Special Leave Petition because of inordinate delay and the absence of a plausible, bona fide explanation for condonation; it did not adjudicate those substantive issues. en-us Mon, 17 Aug 2026 00:00:00 +0530 Fri, 21 Aug 2026 08:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797403 Computation of non-life insurance business profits under Section 44 and Rule 5, the application of Section 14A, withholding obligations on payments to non-resident surveyors and reinsurers, disallowance for non-deduction of tax, UPS depreciation, minimum alternate tax for insurers, and consistency in assessments were identified as the substantive tax issues. The High Court had answered the admitted questions largely for the assessee. The Supreme Court dismissed the Special Leave Petition because of inordinate delay and the absence of a plausible, bona fide explanation for condonation; it did not adjudicate those substantive issues. Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797403