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 31.03.2018 As at 31.03.2017
  ADVANCES    
1 Reserve deposits with ceding companies 52017 544 39630 860
2 Application money for investments 261 831 200 000
3 Prepayments 63 740 58 656
4 Advances to  Directors/Officers 5 448 5 726
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 642 703 521 617
6 Others 115 105 171 824
7 Deferred Commission  0  0
  TOTAL (A) 53106 371 40588 683
  OTHER ASSETS    
1 Income accrued on investments 9423 910 8389 392
2 Outstanding Premiums  0  0
3 Agents’ Balances  0  0
4 Foreign Agencies Balances  0  0
5 Due from other entities carrying on insurance business  (including reinsurers) 144306 320 107638 017
6 Due from subsidiaries/ holding  0  0
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 828 140 1336 813
9 Sundry Deposits 8727 632 411 911
11 MAT Credit 18864 156 16368 625
12 Service Tax Unutilised Credit  0 404 210
13 Terrorism Pool Assets  0  0
14 GST Asset 1404 735  
  TOTAL (B) 183554 893 134548 968
  TOTAL (A+B) 236661 264 175137 651
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.
(c)        Sundry Debtors will be shown under item 9(others)