Finance Act 2010 - Computaion of Profit & Gain of Non-Life Insurance Business (Rule5 of 1st Schedule to IncomeTax Act)

*Computaion ofProfit&Gain ofNon-Life InsuranceBusiness(Rule5of 1st Sch.to IncomeTaxAct)
Sec44r.w.Rule5-UnrealizedGain due2appreciation in value of investmnts wil nt b included in TI &UnrealizedLoss(i.e.Provision4diminution in value of investmnt)is not allowable as deductn