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![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]")
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]
In a major relief to the PNB Metlife, the Karnataka High Court held that Surplus with the deficit as per shareholders’ account should be aggregated...