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GOI Bonds

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 December 2010 Hi!
Please let me know as whether there is any benefit for a individual if he invest in the bonds issued by the govt. of India under Income tax act,1961
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
16 December 2010 If U Invest in Long Term Infra Bond Then U Can Claim Deduction Upto 20000 Investment U/S 80CCF.
Applicable from A.Y. 11-12

Regards,

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