https://www.taxtmi.com/circulars?id=9316 The exemption under section 33(1)(f) applies to money payable under an insurance policy assigned for payment of estate duty irrespective of whether the policy was forwarded to the Controller within the three month period prescribed by Rule 31 A; consequently the Controller may accept a policy on behalf of the President even if it was not deposited within that period. en-us Tue, 12 Feb 1980 00:00:00 +0530 Fri, 03 Jun 2011 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9316 The exemption under section 33(1)(f) applies to money payable under an insurance policy assigned for payment of estate duty irrespective of whether the policy was forwarded to the Controller within the three month period prescribed by Rule 31 A; consequently the Controller may accept a policy on behalf of the President even if it was not deposited within that period. Circulars Income Tax Tue, 12 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9316