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LIFE INSURANCE CORPORATION OF INDIA versus COMMISSIONER OF INCOME-TAX

Insurance business expenses, payments paid to its chief agents and special agents during the interval period ending 31 31 1967 under section 36 of the Insurance Corporation Act 1956, from section 30 of the Indian Income Tax. May be deducted under the provisions of 43. R2 of Income Tax Received by Life Insurance Corporation During the Inter-Insolvency Period ending on 31st, 1967 in relation to Income Tax Assessment of Life Insurance Corporation of which Business was Handled by Life Insurance Corporation. (1) is not small under (b). The first schedule of the Indian Income Tax Act, 1961, does not deduct Articles 30 to 43, 44 of the Indian Income Tax Act, 1961, under section 28 of the Life Insurance Corporation Act. SH, R, 2 Indian Life Insurance Corporation Act, 1956, Sections 28 and 36 best advocate from Jhatta Bhutta lawyer