https://www.taxtmi.com/acts?id=11725 Deduction permits an individual or a Hindu undivided family to deduct sums paid or deposited to effect or maintain life insurance for specified persons, provided the premium payable in any year of the policy term does not exceed five per cent of the capital sum assured; eligible insured persons are the individual, the spouse or any child, and in the case of a Hindu undivided family, any member of that family. en-us Thu, 16 Sep 2010 18:56:41 +0530 Fri, 17 Sep 2010 13:34:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11725 Deduction permits an individual or a Hindu undivided family to deduct sums paid or deposited to effect or maintain life insurance for specified persons, provided the premium payable in any year of the policy term does not exceed five per cent of the capital sum assured; eligible insured persons are the individual, the spouse or any child, and in the case of a Hindu undivided family, any member of that family. Act-Rules Bills Thu, 16 Sep 2010 18:56:41 +0530 https://www.taxtmi.com/acts?id=11725