Annuity plan specification: New Jeevan Akshay II designated as specified annuity plan under clause (xiiia) of the Act. The Central Government, exercising powers under clause (xiiia) of sub section (2) of section 88 of the Income tax Act, specifies the New Jeevan Akshay II plan as the annuity plan for the Life Insurance Corporation of India, as filed with the Insurance Regulatory and Development Authority, and provides that the notification shall come into force from its publication in the Official Gazette.
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 specification: New Jeevan Akshay II designated as specified annuity plan under clause (xiiia) of the Act.
The Central Government, exercising powers under clause (xiiia) of sub section (2) of section 88 of the Income tax Act, specifies the New Jeevan Akshay II plan as the annuity plan for the Life Insurance Corporation of India, as filed with the Insurance Regulatory and Development Authority, and provides that the notification shall come into force from its publication in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
