Amendment to Section 80DD broadens recognised insurers for disability-related tax deductions, expanding qualifying insurer coverage. The amendment replaces the sole reference to Unit Trust of India in sub section (1), clause (b) with any other insurer or Unit Trust of India, thereby ... Summary
Amendment to Section 80DD broadens recognised insurers for disability-related tax deductions, expanding qualifying insurer coverage.
The amendment replaces the sole reference to Unit Trust of India in sub section (1), clause (b) with any other insurer or Unit Trust of India, thereby broadening the class of insurers recognised under the disability-related deduction provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.