Income tax rebate under section 80CCF

Is the income tax rebate under section 80 ccf is still allowed? If yes, is it apart from standard deducion of Rs.150000 in section 80cc?
Replies (3)
Section 80CCF of the Income Tax Act is a special provision introduced for benefiting the investors of certain government-approved bonds schemes. The section was discontinued w.e.f AY 2013-2014. Section 80CCF was formulated in the year 2010 and came in force in 2011 under the income tax act. The government had re-introduced this section to encourage investments in the infrastructure projects of the country at the same time helping taxpayers reduce their liabilities. Deduction U/s 80CCF is apart from Deduction U/s 80C. i.e if a person invests 20000/- in certain government-approved bonds schemes and his limit for deduction U/s 80C which is 150000/- has exhausted then also he can claim extra benefit of 20000/- U/s 80CCF.

80CCF ALLOWAED Dedution or not FY 2018-19

Sir,   Sec 80CCF Infrastructure Investment bonds deduction claimed or not  FY 2018-19 Rs.20000/-?. advance thanks for your reply.

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