{"id":65431,"date":"2026-11-05T13:38:35","date_gmt":"2026-11-05T08:08:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cholamandalam-ms-general-insurance-co-ltd-v-dy-cit-2025-174-taxmann-com-603-2026-487-itr-670-madhc-2\/"},"modified":"2026-11-05T13:38:35","modified_gmt":"2026-11-05T08:08:35","slug":"cholamandalam-ms-general-insurance-co-ltd-v-dy-cit-2025-174-taxmann-com-603-2026-487-itr-670-madhc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cholamandalam-ms-general-insurance-co-ltd-v-dy-cit-2025-174-taxmann-com-603-2026-487-itr-670-madhc-2\/","title":{"rendered":"Cholamandalam MS General Insurance Co. Ltd v. Dy.CIT [2025] 174 taxmann.com 603 \/ (2026) 487 ITR 670 (Mad)(HC)"},"content":{"rendered":"<p>Held that profit on sale of investment by an insurance company is not taxable in India. Provisions of section 14A do not apply to insurance companies because, in framing of assessments in case of insurance companies, it is purely section 44 read with rule 5 of First Schedule that would apply.\u00a0 (AY. 2009-10, 2010-11, 2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 44: Insurance business-Profit on sale of investment by insurance company is not taxable in India. Provisions of section 14A do not apply to insurance companies, because in framing of assessments in case of insurance companies, it is purely section 44 read with rule 5 of First Schedule that would apply.[S.14A] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-65431","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-h1l","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=65431"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65431\/revisions"}],"predecessor-version":[{"id":65432,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65431\/revisions\/65432"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=65431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=65431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=65431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}