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    <title>Deduction on certain premium.</title>
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    <description>Deduction for insurance premiums is permitted in computing income chargeable under section 26 for premiums paid to insure stocks or stores used in business; for premiums paid by a federal milk cooperative society to insure the life of cattle owned by a member of a supplying primary society; and for premiums paid by an employer, by any mode other than cash, to effect or keep in force employee health insurance under a scheme framed by the General Insurance Corporation or any insurer approved by the Insurance Regulatory and Development Authority.</description>
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      <description>Deduction for insurance premiums is permitted in computing income chargeable under section 26 for premiums paid to insure stocks or stores used in business; for premiums paid by a federal milk cooperative society to insure the life of cattle owned by a member of a supplying primary society; and for premiums paid by an employer, by any mode other than cash, to effect or keep in force employee health insurance under a scheme framed by the General Insurance Corporation or any insurer approved by the Insurance Regulatory and Development Authority.</description>
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