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Long Term Infrastructure Bonds - is 80C Deduction available?

This query is : Resolved 

24 August 2010 does investment in Long Term Infrastructure Bonds(Eligible under section 80CCF)qualify for deduction under section 80C also? Suppose i invest Rs. 50,000/- in those bonds... i will get deduction of Rs. 20,000/- u/s 80CCF. can i claim balance dedcution of Rs. 30,000/- under 80C?

24 August 2010 No the same is allowable under 80CCF only upto Rs. 20,000/-.

24 August 2010 DEDUCTION U/S 80 CCF IN ADDITION TO 80C.SO DEDYCTION U/S 80C IS 1 LAKHS IS SEPARATE AND 20000 U/S 80 CCF IS SEPARATE.


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