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Allowability of relief under section 80C of contributions to Army Group Insurance Scheme Fund.
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...., 1978 Section(s) Referred: 80C Statute: Income - Tax Act, 1961 Attention is invited to Board's Instruction No.1125 dated 13-12-77 regarding the allowability of relief under section 80C of the cont....
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....d to relief under section 80C(2)(a)(i) of the Income-tax Act, 1961. It has been decided that the amount contributed by Air Force and Navy Personnel to the 'Air Force Group Insurance Scheme' and 'Navy ....