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COMMISSIONER OF INCOME-TAX versus INTERNATIONAL GENERAL INSURANCE CO.


Schedule 1: How to evaluate the life insurance business The basis for the assessment is to have a conceptual income. The real income department has no part to play except the special provision provided to the Schedule Assessing Officer. Actual surplus does not increase The actuarial assessment cannot be taken into account and altered or altered except under the rules contained in the first schedule which shows the profitability and profitability of the insurance business which is not explicitly provided. ?

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