Commission earned by insurance agents of Life Insurance Corporation--Allowance of expenditure

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....tly modified in Instruction No. 1546, dated 6th January, 1984, had granted, subject to conditions therein specified, the benefit of ad hoc deduction in respect of the expenses incurred by agents of the Life Insurance Corporation. 2. In supersession of the above circular and instruction, the Board have decided that the benefit of ad hoc deduction to insurance agents of the Life Insurance Corpora....