Notification No.53/2003 – Income Tax Dated 18/3/2003

Notification No. :  53

Section(s) Referred :  s. 88(2)(xiiia)

Date of Issue :   18/3/2003

Notification No. 53 of 2003, dt 18th March, 2003

In exercise of powers conferred by clause (xiiia) of sub-section (2) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the New Jeevan Dhara-I and New Jeevan Akshay-I Plans of the Life Insurance Corporation of India, as filed by that Corporation with the Insurance Regulatory and Development Authority, as the annuity plans of that Corporation for the purposes of the said clause (xiiia).

2. This notification shall come into force from the date of its publication in the Official Gazette.

[F.No. 174/9/2001 -ITA-I]