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Deduction under chapter vi

This query is : Resolved 

23 February 2016 is extra deduction of rs50000 is allowed for investment in infrastructure bond over 150000

23 February 2016 NO ,u/s 80CCF Subscription made by individual or HUF to the extent of Rs. 20,000 to notified long term infrastructure bonds is exempt from A.Y. 2011-12 onwards. This deduction is discontinued w.e.f. A.Y. 2013-14.

23 February 2016 All put together is the limit. Let us watch out for the same in the upcoming budget.






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