ITAT direct to Allow Exemption u/s 10(38) of Income Tax Act only after verifying status of STT Payment [Read Order]

ITAT - ITAT Delhi - Income Tax - Exemption - TAXSCAN

The two member bench of Income Tax Appellate Tribunal ( ITAT ) Delhi bench directed to allow exemption under section 10(38) of the Income Tax Act, 1961 only after verifying the status of STT payment. The assessee Oriental Insurance Co. Ltd is engaged in the business of General Insurance. Who filed the appeal against the…

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