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GENERAL INSURANCE CORPORATION OF INDIA versus COMMISSIONER OF INCOME-TAX


Under the Indian Income Tax Act 1961 Insurance Business Section 44, the counting of the Income Tax Act, the amount allocated for the return of the preferential shares by the Income Tax Act General Insurance Corporation, R2 (2) (a) of the General Insurance Business Rules. Is spent under Rule 2 (2) (a) of the Income Tax Act does not have to spend the money allocated in 1973 in which the profit and benefits of General Insurance Corporation in respect of R 5 cannot be refunded. ? (A) the first schedule of the Income Tax Act General Insurance Business (Nationwide) Act, 1972, Section 39 General Insurance Business (Nationwide) Rules 1973, R2 Indian Income Tax Act; 1961, Section 44, Schedule I, R 5

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