Amendment of section 80C.
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.... day of April, 2013,-- (i) in sub-section (3), for the words "insurance policy other than a contract for a deferred annuity", the words, figures and letters "insurance policy, other than a contract ....
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....t in excess of ten per cent of the actual capital sum assured. Explanation.--For the purposes of this sub-section, "actual capital sum assured" in relation to a life insurance policy shall mean the ....


TaxTMI
TaxTMI