Section 80C(2)(xii) of the Income-tax Act, 1961 specifies the Immediate Annuity Plan of the ICICI Prudential life Insurance Company Limited, as approved by IRDA as the annuity plan of the ICICI Prude

Last updated: 15 July 2010

Notice Date : 14 July 2010

Section 80C(2)(xii) of the Income-tax Act, 1961 specifies the Immediate Annuity Plan of the ICICI Prudential life Insurance Company Limited, as approved by IRDA as the annuity plan of the ICICI Prudential LIC Limited

Notification No. 50/2010 [F.No.178/143/2006-ITA-I]

Dated 14-7-2010

In exercise of powers conferred by clause (xii) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Immediate Annuity Plan of the ICICI Prudential life Insurance Company Limited, as approved by Insurance Regulatory and Development Authority, as the annuity plan of the ICICI Prudential Life Insurance Company Limited for the purposes of the said clause for the assessment year 2007-08 and subsequent years.