Jeevan Akshay-III Plan of LIC of India specified as the annuity plan for the purposes of Section 80C(2)(xii) of the Income-tax Act, 1961 for the A.Y. 2006-07 - 127/2006 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Annuity plan designation: Jeevan Akshay III declared eligible for tax deduction under section 80C(2)(xii). The Central Government specifies the Jeevan Akshay III Plan of the Life Insurance Corporation of India as an annuity plan for the purposes of Section 80C(2)(xii) of the Income tax Act, 1961, applying to assessment year 2006 07 and subsequent assessment years, based on the plan as filed by LIC with the Insurance Regulatory and Development Authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Annuity plan designation: Jeevan Akshay III declared eligible for tax deduction under section 80C(2)(xii).
The Central Government specifies the Jeevan Akshay III Plan of the Life Insurance Corporation of India as an annuity plan for the purposes of Section 80C(2)(xii) of the Income tax Act, 1961, applying to assessment year 2006 07 and subsequent assessment years, based on the plan as filed by LIC with the Insurance Regulatory and Development Authority.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.