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Tata AIG General Insurance Co.Ltd v. Dy. CIT(2023) 224 TTJ 724 /(2022)) 141 taxmann.com 70 (Mum)(Trib)

S. 44 : Insurance business-Depreciation-Allowable to insurance company. [ S. 30 to 43B]

Held that deductions that are otherwise specified under section 30 to 43B are allowable to an insurance company hence the depreciation is allowable. (AY. 2015-16)