Infrastrcture bonds sec.80 exemptions

From the FY 2012-13 exemption for  "Infrastructure Bonds" are not available.

From AY 2013-14 exemption in respect of infrastucture bomds cannot be availed

and before exemption can be availed u/s 80CCF

deduction of 20,000 of infrastructure bonds have been withdrawn. In place of it Rajiv Gandhi Equity Savings scheme has been introduced from AY 2013-14

Section 80CCF has been withdrawn from FY 2012-13. Hence no deduction is allowable under this section for the current FY onwards.

Deduction u/s 80CCF is not available in a/y 2013-14. but you may claim deduction u/s 80CCG in Rajiv Gandhi Equity Saving Scheme upto Rs. 50000/-. This scheme is for small investors.

Originally posted by : CA Nitin K. Varshney
	Deduction u/s 80CCF is not available in a/y 2013-14. but you may claim deduction u/s 80CCG in Rajiv Gandhi Equity Saving Scheme upto Rs. 50000/-. This scheme is for small investors.

Maximum Deduction U/s 80CCG in  Rajiv Gandhi Equity Saving Scheme is  Rs. 25000. Deduction criteria is "50% of the amount invested" and maximum limit on investment in eligible securities for the said purpose is 50000.

Details about  RGESS

https://www.cdslindia.com/downloads/sebicirculars/SEBI%20Circular-Rajiv%20Gandhi%20Equity%20Savings%20Scheme,%202012.pdf