Amendment of section 80C

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..... is a Hindu undivided family, - (i) any sums paid in the previous year by the assessee out of its income chargeable to tax - (1) to effect or to keep in force an insurance on the life of any member of the family; or (2) as a contribution to any provided fund referred to in sub-clause (iv) of clause (a), where such contribution is to an account standing in the name of any member of the family; or ( .....

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