https://www.taxtmi.com/circulars?id=4949 Amounts in a National Savings Scheme account paid on the death of the assessee to legal heirs are not within the ambit of section 80CCA(2) and are not chargeable to tax in the hands of those heirs; similarly, Gross Insurance Value elements under annuity plans paid to nominees or legal heirs after the assessee's death are not covered by section 80CCA(2) and are not taxable in their hands. en-us Fri, 17 Mar 1989 00:00:00 +0530 Thu, 07 Aug 2008 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4949 Amounts in a National Savings Scheme account paid on the death of the assessee to legal heirs are not within the ambit of section 80CCA(2) and are not chargeable to tax in the hands of those heirs; similarly, Gross Insurance Value elements under annuity plans paid to nominees or legal heirs after the assessee's death are not covered by section 80CCA(2) and are not taxable in their hands. Circulars Income Tax Fri, 17 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4949