Commissioner of Income Tax (Ltu), New Delhi vs.oriental Insurance Company Ltd.

Decided On : Aug-30-2017

Court : Delhi

LAW: Section 260A, Section 115JB, the Income Tax Act, Section 148, Section 115JB, Section 115 JB, Rule 5, Section 119 of the Act, the Insurance Act 1938, Section 3, Section 3, Section 10, Section 44 of the Act, Rule 5, Section 119 of the Act, Section 119 of the Act, Section 44, the IRDA Regulations, Rule 5, Section 44, Rule 5, Section 28, Rule 5, Section 44 of the Act, the Finance Act, the Finance Act, Section 16, the Insurance Act, Rule 5, the Finance Act, the Finance Act, Rule 5, Section 44, the Income Tax Act, the Income tax Act, Rule 5, Rule 5, section 44, Section 30, the IRDA Regulations, the IRDA Regulations, Section 80, section 80P(2)(a)(i, Section 37B of the Central Excise Act, Section 44, the Companies Act, Section 115JB

ORG: ITA No.372 of 2015 Reserved, LTU, ITA, ORIENTAL INSURANCE COMPANY LTD, the Income Tax Appellate Tribunal, ITA Nos, ITA, ITA No.4493/Del/2012, ITA Nos, ITA, ITA No.447/2015, Tribunal, ITA No.448/2015, Oriental Insurance Company, CIT, General Insurance Corporation of India, General Insurance, Fire, Marine, Miscellaneous Insurance Business, the Oriental Fire Insurance Company Ltd., Oriental Insurance Ltd., Assessing, the Assessee at Rs, the Minimum Alternate Tax, AO, inter alia, the Value of Investments - Rs, AO, AO, AO, AO, the Central Board of Direct Taxes, Income Tax (Appeals, AO, ITAT, Circular, the Supreme Court, Ellerman Lines Ltd., CIT, CIT, Punalur Paper Mills Ltd., the Supreme Court, UCO Bank, CIT, UOI, Arviva Industries India Ltd., ITAT, the Supreme Court, CIT, Karnataka State Co-, Apex Bank, IA, the Insurance Regulatory Development Authority, CIT, Chryscapital Investment Advisors v., the Insurance Regulatory Development Authority Act, ITA, Court, CBDT, GIC, GIC, the general reserve, P&L, the First Schedule, the P&L Account, Reliance, J.K. Synthetics Ltd., CBDT, IA, IA, IA, Court, AO, Court, AO, Court, Circular, the General Insurance Corporation of India, the General Insurance Business (Nationalisation) Act, the Controller of Insurance, Finance, the Insurance Regulatory and Development Authority, the Insurance Regulatory and Development Authority, the General Insurance Corporation, the Controller of Insurance, the General Insurance Corporation, the General Insurance Corporation, the Central Board of Direct Taxes, GIC, Circular, Finance, Non-life Insurance, the Controller of Insurance, the Insurance Regulatory Development Authority, General Insurers, Profit and Loss, CBDT, the P&L Account, the Supreme Court, CIT, Apex Bank, the State Bank, the Reserve Bank of India, AO, P&L, AO, AO, CBDT, Circular, AO, Circular, Income Tax v. National Insurance Company Ltd., AO, The Calcutta High Court, Paper Products Ltd., Department, the Board, Court, Court, Circular, CIT, ITR245(Del, Court, CBDT, AO, Court, CIT, Milk Food Ltd., Circular, Circular, the CBDT Circular, Bajaj Allianz General Insurance Co. Ltd., TTJ, Court, Circular, ITA, GIC, AO, Reliance, General Insurance Corporation of, CIT, AO, ITA No.448/2015, CIT, AO, ITA No.447/2015, ITAT, the First Schedule of the Act, ITA No.447/2015, ITA No.372

DATE: August, 2017 Date, August, 2017, + +, 2015, 2015, 1961, 21st November 2014, 4493, 4786, 2005-06, 4493, 4786, 7th July 2015, 17th May 2016, 18th September 2015, 22 5, 2013, 10th July 2013, 12th September 1947, 1st May 1984.8, December 2007, 457,60,43,000/-, some years, 16th December 1988, 22 2nd July 2012, 21st November 2014, 2000-01, 2001-02, 16th December 1988, 1965, 1971, 1988, 1999, 2014, 2001, some earlier year, 1965, 1999, more than one year, 22 20, 2002-03, 1972, December 2007, 16th December 1998, 32, 1988, 2009, 1st April 2011, annual, 1938, 22 2010, 1st April 2011, 2009, 1st April 2011, 1988, 1st April 1989, 1st April 1989, 1988, annual, 1st April, 1989, year 1989-90, 36, 1988, 16th December 1988, 2009, 2009, annual, 1938, 1938, 1999, the financial year 2001-02, 2002, 2009, 3rd June 2010, 2002, Prior to 1st April 2011, 22, 16th December 1988, 2017, 1988, 2001, 1944, the day, 22 43, 2006, annual, 2010, some earlier year, 2015, 2000-01, 2001-02, 1999, 54, 22 56, 2015, AUGUST30 2017

PERSON: M. S. Syali, Mayank Nagi, Tarun Singh, Ashok K. Manchanda, Anand K. Chaudhuri, Appellant ITA No.447, Ashok K. Manchanda, Anand K. Chaudhuri, M. S. Syali, Mayank Nagi, Tarun Singh, S. MURALIDHAR, PRATHIBA M. SINGH, S. Muralidhar, J.:1, ITA Nos, ITA No.174, Rule, M. S. Syali, Navnitlal C. Javeri v. K. K. Sen, Syali, Syali, P. Firm, Ashok Manchanda, Manchanda, Manchanda, Manchanda, Manchanda, Manchanda, Manchanda, Manchanda, Manchanda, statute.29, Bill, Schedule, Bill, Regulations, Navnitlal C. Zaveri, K.K. Sen, Manchanda, ITA No.447, J.PRATHIBA M. SINGH, J.ITAs 372/2015

GPE: NEW DELHI, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, ITR154(St, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, IA, Assessee, IA, Assessee, IA, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, IA, IA, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, IA, Karnataka State, Assessee, Assessee, Assessee, Assessee, IA, Assessee, Assessee, Assessee, Assessee, J.K. Synthetics v., Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, IA, Assessee, Assessee

CARDINAL: 372/2015, 1, 22, three, two, 447, 448, 3, 4, only one, four, 3,39,60,000/-, 372/2015, one, One, 6, 2015, 378, two, 7, 76,71,41,581/-, 9, 3, 22, 11, 176, 12, 15, 5(b, 5, 22, 56, 82, 237, 3, 251, 28, 4, 6, 22, 2015, 457, 8, 22, 83, 5(b, 5(b, 16, 1, 9, 22, 4, one, 26, II, 372/2015, 10, 30, 11, 22, 5(b, 5(b, four, 1972.33, 5, 4, 30, 34, 12, 35, 17, 5, 13, 22, One, 5, 14, 22, No.2, 5, 4, 38, 15, 22, 2, 41, 16, 393, 247, 17, 2013, 357, 280, 5(b, 5(b, 372/2015, 18, 22, 5(b, 130, 5(b, 19, 50, 240, 20, 3,39,60,000/-, 21, 57, 448, 22, 22

NORP: ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITR889(SC, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT

EVENT: the Assessment Year

ORDINAL: 3rd, first, 3rd, first

PRODUCT: AY200405, AY200405, AY200405, Act.21, Circular, Circular, Circular, Circular, Memorandum, Circular, Memorandum, Circular, AY201112, AY201112, Rule 5(b, AY201112

MONEY: 170 ITR37(Ker, No.2) Act

QUANTITY: 56 ITR67(SC

PERCENT: 10%, 2%

WORK_OF_ART: Other Accounts (, IRDA (Preparation of Financial Statements and Auditor’s Report of Insurance Companies) Regulations