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Case Law Details

Case Name : Suri Sons Vs Additional Commissioner of Income Tax (ITAT Amritsar)
Appeal Number : Income Tax Appeal No. 37/Asr/2010
Date of Judgement/Order : 31/08/2015
Related Assessment Year : 2006-07
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Brief of the case

In the case of Suri Sons vs. ACIT – ITAT Amritsar has held that that once life insurance policy has been sold as a life insurance policy on the keyman to the business, as long as it is in the nature of life insurance policy, whether p

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