Rebate under section 80ccf

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Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2011 Respected Sir,

I want to invest Rs. 20,000 under 80CCF in infrastructure bond for the current financial year. My salary is around4 lacs p.a. When should I invest in I. Bond and which bond should I invest. Please suggest. I shall be thankful to you.

With regards,

R. Banerjee

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

26 July 2011 Whenever such issues are opened , or continuing , you may invest according to the availability of funds in your hand.
Up to AY 2012-13, the deduction is allowable. DO not wait till the last dates.

Invest in any Fund, starting with the letter most suits to you.

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2011 I want the name of some I.S. Bond that are most suitable to invest.

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2011 I want the name of some I.S. Bond that are most suitable to invest.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

20 July 2025 Which bonds were eligible under 80CCF?
Back then, the following were some commonly eligible infrastructure bonds:

REC Ltd. Bonds (Rural Electrification Corporation)
NHAI Bonds (National Highways Authority of India)
IRFC Bonds (Indian Railways Finance Corporation)
IIFCL Bonds (India Infrastructure Finance Company Limited)
HUDCO Bonds (Housing and Urban Development Corporation Limited)
LIC Infrastructure Bonds (when issued)

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