Is there any investment under any IT Section (like 80C etc) which I can make to reduce my tax liability for AY 2011-12 considering that we are now in the next AY.
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Investment to save tax
Replies (7)
get in touch with LIC, they are still open for couple of days for backdating.
thank u sir for the information
cheeers
Even other private life insurers would be able to help you in this regard. Please ensure that you purchase single premium product with 5 times coverage so that it is tax effective and also you are not commiting yourself for the next year.
Dear, from the A.y 2011-12 the govt has announced a new deduction as a 80CCf of infrastructure bond of 20000 Rs. now you can invest the money in infractructure bond and can save the tax
| Originally posted by : Ramandeep singh | ||
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Dear, from the A.y 2011-12 the govt has announced a new deduction as a 80CCf of infrastructure bond of 20000 Rs. now you can invest the money in infractructure bond and can save the tax |
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Is this a solution? Did u get the question rite?
If I wud have invested in 80CCF today then it wud be counted for AY 2012-13.
80 CCF investment option was open till 31-03-2011 with REC bonds but this investment cannot be back dated and from 01-04-2011 you will have to wait as new series of infra bonds which may be announced shortly.
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