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For income tax Purpose Working of actuarial surplus in accordance with rule 2 of First Schedule to insurance Act is valid
Case Law Details
- Case Name
- ICICI Prudential Insurance Co. Ltd. Vs Assistant Commissioner of Income-tax (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005-06 to 2008-09
- Courts
- All ITAT, ITAT Mumbai
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IN THE ITAT MUMBAI BENCH ‘F’
ICICI Prudential Insurance Co. Ltd.
versus
Assistant Commissioner of Income-tax
IT APPEAL NOS. 6059, 6854-6856, 7213 & 7765 to 7767 (MUM.) OF 2010
[ASSESSMENT YEARS 2005-06 TO 2008-09]
SEPTEMBER 14, 2012
ORDER
Per Bench
These appeals are by assessee for the assessment years 2005-06 to 2008-09 and cross appeals by revenue for the respective assessment years. These appeals are on common issues, even though amounts vary from year to year. Therefore, all the appeals were heard together and common order is passed.
2. We have heard the learned Counsel...
