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 30.09.2019 As at 30.09.2018
  ADVANCES    
1 Reserve deposits with ceding companies 85808 868 67677 636
2 Application money for investments 670 235  0
3 Prepayments 88 228 55 741
4 Advances to  Directors/Officers 8 045 11 372
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 6005 963 1919 799
6 Others 812 112 102 200
7 Deferred Commission  0  0
  TOTAL (A) 93393 451 69766 748
  OTHER ASSETS    
1 Income accrued on investments 11186 093 10608 161
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
2 Due from other entities carrying on insurance business  (including reinsurers) 218500 063 175648 476
6 Due from subsidiaries/ holding    
3 Deposit U/S-7 of Insurance Act  0  0
4 Sundry Debtors 291 577 1146 639
5 Sundry Deposits 11639 015 9452 509
10 LPA Assets  0  0
6 MAT Credit 14438 189 20857 816    
7 Service Tax Unutilised Credit  0  0    
8 VAT Asset Dubai  0  0
9 GST Asset 1470 569 1906 126
  TOTAL (B) 257525 506 219619 727
  TOTAL (A+B) 350918 957 289386 475
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)