deduction u/s 80ccf

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 March 2011 dear sir,
whether an individual can claim for deduction under section 80c as well as 80ccf for investment in infrastructure bonds.?kindly explain

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 March 2011 Yes.
Deduction u/s 80C Max Rs 100000/-

Deduction u/s 80CCF Additional Rs 20000/-

If you invest in Infrastructure bond you will get deduction of Rs. 20000/- only.
So when you invest dont invest more than Rs 20000/-

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