Extra deduction of Rs. 20,000 under section 80CCF

Nandan Narula , Last updated: 25 April 2021 Share Follow on Google News

Another avenue to save tax was introduced in the Budget 2010 in the form of section 80CCF. This section allows a deduction of Rs. 20,000 for investments made in Infrastructure Bonds. Recently, IFCI has come up with an issue of Long Term Infrastructure Bonds which are eligible for claiming deduction

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About the Author

Nandan Narula

CA Final Student

I am CA-Final student. Followmy blog MONEY MATTERSat www.n2moneymatters.com to know about anything and everything, closely or remotely related to money, because MONEY MATTERS a lot. You can also join me on Facebook or at Twitter Keep smiling

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