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Tax Planning through Investments. SECTION 80CCF DEDUCTION IN RESPECT OF SUBSCRIPTION TO LONG-TERM INFRASTRUCTURE BONDS. (A). TAXPAYER CATEGORY-SECTION 80CCF. This deduction is available to taxpayers, being individual or Hindu undivided family. (B). CONDITIONS - SECTION 80CCF.
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Tax Planning through Investments • SECTION 80CCF • DEDUCTION IN RESPECT OF SUBSCRIPTION TO LONG-TERM INFRASTRUCTURE BONDS. CA. Rajat Mohan B.Com(H),ACA, ACS, DISA
(A). TAXPAYER CATEGORY-SECTION 80CCF • This deduction is available to taxpayers, being individual or Hindu undivided family MOHAN AGGARWAL & ASSOCIATES Chartered Accountants
(B).CONDITIONS - SECTION 80CCF • (1).Amount is paid or deposited by assessee in long-term infrastructure bonds as may, for the purposes of this section, be notified by the Central Government. • (2).Such amount is paid or deposited during the previous year (2010-2011). MOHAN AGGARWAL & ASSOCIATES Chartered Accountants
(C). AMOUNT OF DEDUCTION SECTION 80CCF • Deduction shall be lower of: • (1). Amount paid; or • (2).20,000. MOHAN AGGARWAL & ASSOCIATES Chartered Accountants
THANKYOU Your comments and suggestions are of utmost importance and are always welcomed. CA. Rajat Mohan B.Com(H), ACA, ACS, DISA MOHAN AGGARWAL & ASSOCIATES Chartered Accountants Head Office F-31 D.B. Gupta Market, Karol Bagh, New Delhi-110005 Office Phone: 011-23672609 / 23535809 Branch Office 18A, IInd Floor, North Avenue Road, West Punjabi Bagh, New Delhi-110026 office Phone: 011-47322696/97 Website: www.delhicamohan.com E-mail: rajat.mohan@icai.org