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 31.03.2019 As at 31.03.2018
  ADVANCES    
1 Reserve deposits with ceding companies 70729 161 52017 544
2 Application money for investments  0 261 831
3 Prepayments 121 208 63 740
4 Advances to  Directors/Officers 5 913 5 448
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 3200 795 642 703
6 Others 55 578 115 105
7 Deferred Commission  0  0
  TOTAL (A) 74112 655 53106 371
  OTHER ASSETS    
1 Income accrued on investments 10425 282 9423 910
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 145614 253 138760 467
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 2449 072 828 140
9 Sundry Deposits 10745 234 8727 632
10 LPA Assets  0  0
11 MAT Credit 14438 189 18864 156  
12 Service Tax Unutilised Credit  0  0  
13 Terrorism Pool Assets  0  0
14 GST Asset 1842 935 1404 735
15 VAT Asset Dubai 27 887  0
  TOTAL (B) 185542 852 178009 040
  TOTAL (A+B) 259655 507 231115 411
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)