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

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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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

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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10 April 2012 Also, This is available to Individual/Huf and lock in period is 5 years.

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