https://www.taxtmi.com/acts?id=9713 The amendment adds a tuition fees deduction for full time education at Indian institutions (excluding development fees and donations) applicable for two children of an individual and limits the deductible aggregate per child to a prescribed cap. It replaces the Explanation on eligible issue of capital to require issues by a public company or public financial institution with proceeds used wholly for specified business purposes. It also limits deductions for insurance policy premiums (excluding deferred annuities) to twenty per cent of the actual capital sum assured, excluding returnable premiums and bonus benefits from that capital sum. en-us Wed, 22 Oct 2008 09:03:55 +0530 Wed, 22 Oct 2008 09:03:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9713 The amendment adds a tuition fees deduction for full time education at Indian institutions (excluding development fees and donations) applicable for two children of an individual and limits the deductible aggregate per child to a prescribed cap. It replaces the Explanation on eligible issue of capital to require issues by a public company or public financial institution with proceeds used wholly for specified business purposes. It also limits deductions for insurance policy premiums (excluding deferred annuities) to twenty per cent of the actual capital sum assured, excluding returnable premiums and bonus benefits from that capital sum. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 09:03:55 +0530 https://www.taxtmi.com/acts?id=9713