Tuesday, May 21, 2019

IRDA issues norm for reconciliation of Co-insurers balance from Electronic Transaction Admin and Set

The IRDAI has noticed that the inter-company balances in re-insurances and co-insurance business are significantly and high and are on the rise. The re-insurance and co-insurance transactions typically involve multiple organization across geographies giving rise to various issues. Therefore, IRDA has issued norms to mitigate risk and problem.

from taxmann.com News http://bit.ly/2WTTxJa
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...