Notification No. 903E

Jeevan Dhara" and "Jeevan Akshay" plans of the Life Insurance Corporation of India specified under section 80CCA

What this is

Notification No. 903E was published on 6 September 1988. Its subject is Jeevan Dhara" and "Jeevan Akshay" plans of the Life Insurance Corporation of India specified under section 80CCA.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.80CCA	no counterpart recorded

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80CCA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies "Jeevan Dhara" and "Jeevan Akshay" plans of the Life Insurance Corporation of India, as filed by that Corporation with the Controller of Insurance under sub-section (1) of section 40B of the Insurance Act, 1938, read with rule 17C of the Insurance Rules, 1939, and section 26, read with sub-section (2) of section 3, of the said Insurance Act, 1938, respectively, as the annuity plans of that Corporation for the purposes of section 80CCA.

(Sd.) N.C. Jain Joint Secretary to the Govt. of India [No. 8100/F. No. 142/20/88-TPL

What it names

Rules it names. Rule 17C of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 27/2025 [F. No. 370142/13/2025-TPL] / SO 1615(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(ii)] 4 April 2025
Notification No. 143 — Amendment of the Income-tax Rules under section 80CCA of the Income-tax Act, 1961 9 June 2003
Circular No. 629 — Financial Year 1992-93 31 July 1992
Circular No. 618 — Section 194EE l Payments in Respect of Deposits under NSS, ETC 22 November 1991
Circular No. 534 — 512. Repayment of amount on the closure of account under NSS - Taxability of 7 April 1989
Circular No. 531 — 510. Date of application of annuity plan of LIC 17 March 1989

← Notification No. 3427 · Notification No. 192 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.