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An Entity of Type : prov:Entity, within Data Space : webisadb.webdatacommons.org associated with source dataset(s)

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  • Deduction u/s 80C in respect of life insurance policy issued on or after 01-04-2012 not to be allowed if premium is in excess of 10% of the actual capital sum assured: The existing provisions of sub-section (3) of the aforesaid section 80C provide that sub-section (2) shall apply only to so much of any premium or other payment made on an insurance policy other than a contract for a deferred annuit
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