Deduction under 80c

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Sunny (Querist)
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29 February 2012 Hi Experts
My Query is that My client had inverstment in infrastructure of Pearls PACL India ltd. He is paying annually amount, So whether he is eligible for deduction under 80c?
Please solve my Query ASAP

Thanks very much

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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29 February 2012 Investment nature not clear. please check the scheme details. but infrastructure investment is now covered u/s.80CCF. please check that also.

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Sunny

Sunny (Querist)
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01 March 2012 Sir,
Actually Investment is made for 600 Sq yd plot as per PACL India ltd Agreement and when require amount is deposited then customer get that plot.

So, whether this investment will allow as deduction under 80C or other section of I.T act?

Please help ASAP

Thanks

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