Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
Part A : Direct Taxes
35 Clarification regarding eligibility of deduction u/s.80C
of the Act for investment under Jeevan Akshay-VI — Notification No. 34/2010,
dated 19-5-2010.
Jeevan Akshay-VI of the Life Insurance Corporation of India
has been approved as an annuity plan eligible for deduction under clause (xii)
of Ss.(2) of S. 80C of the Act. This clarification would be applicable for
investment made under this scheme for A.Y. 2008-09 and onwards.
