Is deduction under section 80CCF for Infra bonds still allowed or it was only introduced for a specific year?
5 Replies
Mihir
(Wealth Manager)
(5293 Points)
Replied 07 February 2014
Deduction u/s 80CCF has been abolished/discontinued w.e.f FY 2012-13
sanjana
(article)
(80 Points)
Replied 07 February 2014
Investment made in infra bonds are now covered in 80C limit of Rs.1,00,000/- They dont carry additional deduction.
hiral
(teacher)
(22 Points)
Replied 09 February 2014
is portion for cpt june 2014 changed??plz rep as soon as possible??
Rohit Gupta
(Audit Executive)
(271 Points)
Replied 09 February 2014
The answer given by Mihir is absolutely correct. Sanjana if u can provide the sourse that where it is written that investment in infrastrucure bonds is covered under deduction of Section 80C then I would be highly thankful.
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