02 February 2012
Whether Investment in power finance corporation tax free bonds opened on 30th dcember is eligible investment for claiming 80CCF deductions
02 February 2012
No, these bonds would not be eligible for 80CCF limit. PFC had issued infrastructure bonds earlier, but they closed for subscription on November 4th 2011. If you came here looking for the Rs. 20,000 additional limit under 80CCF then this is not the instrument for you.