Infrastructure bonds

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Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2012 In the budget 2012, is the infrastructure bonds is income tax deductible.

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Pooja

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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16 April 2012 fB 2012 HAS NOT EXTENDED DED UNDER SECTION 80CCF FOR AY 2013-14 IT WILL BE AVAILABLE ONLY UPTO AY 2012-13
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Durgesh Laddha

Durgesh Laddha (Expert)
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16 April 2012 No, F.Y. 2012-13, Investment in infrastructure bond is not deductible.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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16 April 2012 agree, 80CCF for Infrastructure bond for A.Y. 2013-14 not consider as deduction

new scheme will be introduce shorty for deduction other than 80C so wait for some days