Dear members is deduction under 80ccf for infra bonds investment allowed for AY 13-14 or not
amit
(articled assistant)
(171 Points)
Replied 17 December 2012
And int received on infra bonds taxable or exempt pls reply
CA rahul
(BCOM(H) ACA)
(725 Points)
Replied 18 December 2012
int received on these bond is treated as income from other source and form part of the income of the financial year in which interest received.
Laxmy
(Article Assistant)
(30 Points)
Replied 18 December 2012
Hie Dear Amit,
Mr.Ram Thakkar is absoloutely Correct....
Investment in infrastructure Bond is now no more eligible for deduction from Previous Year 12-13 ,Assessment Year 13-14.
Regards,
Laxmy rajput.