Relief to Future Generali India Life Insurance: ITAT confirms Deletion of Income Tax Addition on Profits from Pension Funds [Read Order]

Future Generali India Life Insurance - ITAT - Deletion of Income Tax Addition on Profits from Pension Funds - Deletion of Income Tax Addition -Pension Funds - Profits from Pension Funds- taxscan

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) confirmed the Commissioner of Income Tax (Appeals) [CIT(A)] order of deletion of addition made by Assessing Officer (AO) on account of the disallowance of Profits from pension fund. The assessee company M/s. Future Generali India Life Insurance Co. Ltd.( FGILI) is engaged in the business of…

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