FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE 
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
ADVANCES AND OTHER ASSETS
(` '000)
  Particulars As at 31.03.2017 As at 31.03.2016
  ADVANCES    
1 Reserve deposits with ceding companies 39630 860 29847 168
2 Application money for investments 200 000  0
3 Prepayments 58 656 80 298
4 Advances to  Directors/Officers 5 726 5 164
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 521 617 1599 964
6 Others 171 824 2902 834
7 Deferred Commission  0 554 705
  TOTAL (A) 40588 683 34990 133
  OTHER ASSETS    
1 Income accrued on investments 8389 392 8267 277
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 107638 017 35225 913
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 1336 813 174 340
9 Sundry Deposits 411 911 360 558
11 MAT Credit entitlement 16368 625 15045 407
12 Service Tax Unutilised Credit 404 210 428 530
13 Terrorism Pool Assets  0 55475 318
  TOTAL (B) 134548 968 114977 343
  TOTAL (A+B) 175137 651 149967 476
 0  0
Notes:
(a)        The items under the above heads shall not be shown net of provisions for doubtful amounts. The amount of provision against each head should be shown separately.
(b)        The term ‘officer’ should conform to the definition of that term as  given under the Companies Act, 2013.