Ask Us An additional Tax Advantage

An additional Tax Advantage

Under Section 80CCF, investor gets additional benefit

Yogita Loke Feb 15, 2011

Whether those under 20% tax bracket are eligible to get additional tax benefit over the limit of one lakh.

Hi,

An investor in infrastructure bonds will be entitled to tax deduction of investments of up to Rs 20,000 under Section 80 CCF of the I.T Act.

The deduction is over and above the Rs 1,00,000 deduction available under section 80C, 80CCC & 80CCD.

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