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Relief to Care Health Insurance: Delhi HC rules IBNR Provisioning is not Contingent Liability [Read Order]
In a major relief to Care Health Insurance, the Delhi High Court ruled that the Incurred But Not Reported ( IBNR ) provisioning is not contingent...
![Life Insurance Business prepares Financial Statement as per IRDA regulations, for Purpose of Taxation Section 44 can Apply: ITAT grants relief to HDFC Life Insurance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Life-Insurance-Business-Financial-Statement-IRDA-regulations-Taxation-ITAT-grants-relief-HDFC-Life-Insurance-TAXSCAN.jpg "Life Insurance Business prepares Financial Statement as per IRDA regulations, for Purpose of Taxation Section 44 can Apply: ITAT grants relief to HDFC Life Insurance [Read Order]")
![Surplus with deficit as per Shareholders’ Account should be aggregated with Policyholders’ Account for determining Profit or Loss: Karnataka HC grants Relief to PNB Metlife [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/11/shareholders-account-policyholders-account-PNB-Metlife-Taxscan.jpg "Surplus with deficit as per Shareholders’ Account should be aggregated with Policyholders’ Account for determining Profit or Loss: Karnataka HC grants Relief to PNB Metlife [Read Judgment]")
![Penalty Charges levied by IRDA can’t be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/IRDA.jpg "Penalty Charges levied by IRDA can’t be disallowed: ITAT [Read Order]")
