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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..... 85 Circular
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 from 16-3-1985 .....

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..... e 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 policies taken out under section .....

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