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Deductions under chapter VI A

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Divya Karthik

Divya Karthik (Querist)
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31 December 2010 From the AY 2011-12, there has been additional deduction of Rs.20,000 if invested in infrastructure bonds.

what are these infrastructure bonds?

CA Sanat Pyne

CA Sanat Pyne (Expert)
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31 December 2010 IFCI INFRASTRUCTURE BOND.
IDFC INFRASTRUCTURE BOND
L & T INFRASTRUCTURE BOND.
LIC IS GOING TO ISSUE INFRASTRUCTURE BOND.

Divya Karthik

Divya Karthik (Querist)
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31 December 2010 For Ay 2011-12, can we invest in these bonds now?

CA Sanat Pyne

CA Sanat Pyne (Expert)
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31 December 2010 Yes you can invest to get extra deduction of rs 20000.00

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 December 2010 yes

Nikhil Kothari

Nikhil Kothari (Expert)
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01 January 2011 Agree with CA Sanat.

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