In respect of insurance premium, etc., - Purpose of clause (xii) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961) - 50/2010 - Income Tax Act, 1961
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Annuity plan specification under section 80C: Immediate Annuity Plan of ICICI Prudential recognised for tax purpose from the assessment year. Central Government specifies the Immediate Annuity Plan of the ICICI Prudential Life Insurance Company Limited, as approved by the Insurance Regulatory and Development Authority, as the annuity plan for the purposes of clause (xii) of sub section (2) of section 80C of the Income tax Act, applicable from the assessment year 2007 08 and subsequent years.
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Provisions expressly mentioned in the judgment/order text.
Annuity plan specification under section 80C: Immediate Annuity Plan of ICICI Prudential recognised for tax purpose from the assessment year.
Central Government specifies the Immediate Annuity Plan of the ICICI Prudential Life Insurance Company Limited, as approved by the Insurance Regulatory and Development Authority, as the annuity plan for the purposes of clause (xii) of sub section (2) of section 80C of the Income tax Act, applicable from the assessment year 2007 08 and subsequent years.
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