Hello One and All,
I still have confusion pertaining to investment in infrastructure bonds. Is deduction of Rs. 20,000/- still holds good?
3 Replies
praveen
(Chartered Accountant)
(6971 Points)
Replied 18 April 2012
no it is not applicable from 01/04/2012 onwards .
Initially it was introduced only for one year.
Then in the last budget the FM increased it by one more year.
There is no such extention this time hence no more deduction available.
Kalpesh Patel
(CA Final Student)
(23 Points)
Replied 04 September 2012
is anyone provide me notification number regarding 80CCF is applicable for FY 11-12 and not extendible after that? also i want to know that if i deposited Rs.25000/- to Long term infra bond in the FY 2012-13 what are the implication
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