Easy Office
LCI Learning

Long Term Infrastructure Bonds - is 80C Deduction available?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 August 2010 does investment in Long Term Infrastructure Bonds(Eligible under section 80CCF)qualify for deduction under section 80C also? Suppose i invest Rs. 50,000/- in those bonds... i will get deduction of Rs. 20,000/- u/s 80CCF. can i claim balance dedcution of Rs. 30,000/- under 80C?
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
24 August 2010 No the same is allowable under 80CCF only upto Rs. 20,000/-.
Profile Image

sachin alwadhi

Profile Image

sachin alwadhi (Expert)
24 August 2010 DEDUCTION U/S 80 CCF IN ADDITION TO 80C.SO DEDYCTION U/S 80C IS 1 LAKHS IS SEPARATE AND 20000 U/S 80 CCF IS SEPARATE.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links