Investment in infrasturcture bond
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 April 2012
Dear Experts,
Investment in Infrastructure Bond will get deduction under which section up to what amount and period for Investment?
Thanks in Advance
Investment in Infrastructure Bond will get deduction under which section up to what amount and period for Investment?
Thanks in Advance
10 April 2012
Investment in infrastructure bonds is not eligible for deduction from the assessment year 2013-14 onwards.
but for Ass. year 2012-13, it may be claimed u/s 80CCF to max of Rs.20000
but for Ass. year 2012-13, it may be claimed u/s 80CCF to max of Rs.20000
10 April 2012
Also, This is available to Individual/Huf and lock in period is 5 years.
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