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![General Insurance Companies Entitled to S. 10(38) Income Tax Exemption on Equity Gains: ITAT [Read Order] General Insurance Companies Entitled to S. 10(38) Income Tax Exemption on Equity Gains: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/500x300_2119689-general-insurance-companies-entitled.webp)
General Insurance Companies Entitled to S. 10(38) Income Tax Exemption on Equity Gains: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) ruled that general insurance companies can claim income tax exemption under Section 10(38)...


![Head Wise Bifurcation not Required for Computation of Insurance Company Income: ITAT Deletes Disallowance u/s 14A of Income Tax Act Against Oriental Insurance [Read Order] Head Wise Bifurcation not Required for Computation of Insurance Company Income: ITAT Deletes Disallowance u/s 14A of Income Tax Act Against Oriental Insurance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Head-wise-Bifurcation-Insurance-Company-Income-ITA-disallowance-Oriental-Insurance-ITAT-TAXSCAN.jpg)
![Bonus allocated to Policyholders is not Taxable as Income from Insurance Company: ITAT [Read Order] Bonus allocated to Policyholders is not Taxable as Income from Insurance Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/Bonus-Policyholders-Insurance-Company-Taxscan.jpg)