Deduction U/s. 80 c to 80 CCF

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Tejas N Vora (Querist)
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14 February 2011 Dear Experts,

Can we go for investment of more than Rs.20000/- for infrastructure bonds issued for 80 ccf?

will i get the deduction benefit if i purchased of Rs.1,20,000/- infrastructure bond?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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14 February 2011 You will get total deduction U/s 80C, 80CCC, 80CCD of Rs. 100000/ and Rs 20000/ U/s 80CCF for the AY 2011-12.
Deduction U/s 80CCF can not exceed Rs. 20000/-

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