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'I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe'
The probe, started in September last year, is a crackdown on the insurance industry's practice of accounting for all sales commissions above the regulator-prescribed limit as advertising and marketing costs, and then claiming tax credit, two of the sources said.
The probe, started in September last year, is a crackdown on the insurance industry's practice of accounting for all sales commissions above the regulator-prescribed limit as advertising and marketing costs, and then claiming tax credit, two of the sources said. 
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