GOI Bonds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 December 2010
Hi!
Please let me know as whether there is any benefit for a individual if he invest in the bonds issued by the govt. of India under Income tax act,1961
Please let me know as whether there is any benefit for a individual if he invest in the bonds issued by the govt. of India under Income tax act,1961
CA Ayush Agarwal
(Expert)
16 December 2010
If U Invest in Long Term Infra Bond Then U Can Claim Deduction Upto 20000 Investment U/S 80CCF.
Applicable from A.Y. 11-12
Regards,
Applicable from A.Y. 11-12
Regards,
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