Central Government specifies the Jeevan Dhara and Jeevan Akshay plans of the Life Insurance Corporation of India u/s 88 (2)(xiiia) - G.S.R.801(E) - Income Tax Act, 1961
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Annuity plans specified: Jeevan Dhara and Jeevan Akshay recognised as eligible under the income tax annuity provision. Central Government specifies the Jeevan Dhara and Jeevan Akshay plans of the insurer as the annuity plans for the purposes of the income tax annuitization provision, based on filings under the Insurance Act and Insurance Rules; the specification is deemed effective from 1 April 1992.
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Provisions expressly mentioned in the judgment/order text.
Annuity plans specified: Jeevan Dhara and Jeevan Akshay recognised as eligible under the income tax annuity provision.
Central Government specifies the Jeevan Dhara and Jeevan Akshay plans of the insurer as the annuity plans for the purposes of the income tax annuitization provision, based on filings under the Insurance Act and Insurance Rules; the specification is deemed effective from 1 April 1992.
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