Capital loss for insurance company

loss on sale of shares for insurance company can be adjusted against business profit ?
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Quick Summary
This discussion clarifies whether capital losses incurred by an insurance company from selling shares can be offset against their business profits. The answer is no. Losses classified under the 'Capital Gains' tax head cannot be adjusted against income from any other source.

No....
Kindly note that Losses under the head Capital Gains cannot be set off against any other head of Income.

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