Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2013 amends Section 80C to raise life insurance premium deduction limit for certain policies to 15%.</h1> Clause 10 of the Finance Bill, 2013 amends section 80C of the Income-tax Act to increase the deduction limit for life insurance premiums from ten percent to fifteen percent for policies issued on or after April 1, 2013. This higher limit applies to policies for individuals with disabilities or severe disabilities as per section 80U, or those suffering from diseases specified under section 80DDB. The amendment is effective from April 1, 2014, impacting the assessment year 2014-15 and subsequent years.
TaxTMI 
TaxTMI 
