Release of amount deposited by the LIC in respect of policies taken out under clause (f) of sub-section (1) consequent on discontinuance of estate duty levy from 16-3-1985

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..... 5 Circular - Circulars - Income Tax - Release of amount deposited by the LIC in respect of policies taken out under clause (f) of sub-section (1) consequent on discontinuance of estate duty levy fro .....

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..... purpose of paying estate duty will no longer be required in respect of policyholders surviving on 16-3-1985 . The Board has, therefore, decided that amount deposited by the LIC in respect of policie .....

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