Deduction under section 80CCA of the Income-tax Act, 1961-Notification of the Annuity Plans of the Life Insurance Corporation-Date of application-Regarding
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....9 Section 80CCA of the Income-tax Act, 1961, as substituted by the Finance Act, 1988, with effect from 1st April, 1988, provides for a deduction, inter alia, of amounts paid to effect or keep in force a contract for such annuity plan of the Life Insurance Corporation as the Central Government may by notification in the Official Gazette specify. For the assessment year 1988-89, the amount qualifyi....




TaxTMI
TaxTMI