Extra deduction of Rs. 20,000 under section 80CCF

Nandan Narula , Last updated: 25 April 2021  
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Another avenue to save tax was introduced in the Budget 2010 in the form of section 80CCF. This section allows a deduction of Rs. 20,000 for investments made in Infrastructure Bonds. Recently, IFCI has come up with an issue of Long Term Infrastructure Bonds which are eligible for claiming deduction

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Published by

Nandan Narula
(CA Final Student)
Category Income Tax   Report

7 Likes   88983 Views

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