Release of amount deposited by the LIC in respect of policies taken out under clause (f) of sub-section (1) consequent on discontinuance of estate duty levy from 16-3-1985

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....d:- 12-10-1985 Circular Dated:- 12-10-1985 Circular<br>Income Tax<br>Release of amount deposited by the LIC in respect of policies taken out under clause (f) of sub-section (1) consequent on discontin....

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....ction 33(1)(f) for the purpose of paying estate duty will no longer be required in respect of policyholders surviving on 16-3-1985. The Board has, therefore, decided that amount deposited by the LIC i....