Long-term insurers are taxed according to section 29A and 29B of the Income Tax Act, No. 58 of 1962, as amended.
Due to the five funds approach, long-term insurers cannot submit their income tax returns on eFiling.
The ITR14L (Income Tax Return for Long-term Insurers) form is now available for online completion. In order to support the figures on Forms 1 to 7 of the ITR14L, kindly download and complete Forms 1 to 7 in Excel format here.