Budget 2024: Amendment to Curb Misuse of Life Insurance Expense Deductions

Last updated: 26 July 2024

Preventing misuse of deductions of expenses claimed by life insurance business Section 44 of the Act provides for computing of profits and gains of any business of insurance, including any such business carried on by a mutual insurance company or by a co-operative society, to be in accordance with

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Category Union Budget   Report

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