IDFC INFRASTRUCTURE BOND SAVE TAX 80CCF DOWNLOAD APPLICATION

IDFC INFRASTRUCTURE BOND SAVE TAX 80CCF DOWNLOAD APPLICATION


IDFC INFRASTRUCTURE BOND SAVE TAX 80CCF DOWNLOAD APPLICATION

Posted: 17 Jan 2011 03:45 AM PST


In 2010, the government introduced a new section 80CCF under the Income Tax Act, 1961 ("Income Tax Act") to provide for income tax deductions for subscription to long-term infrastructure bonds and pursuant to that the Central Board of Direct Taxes passed Notification No. 48/2010/F.No.149/84/2010-SO(TPL) dated July 9, 2010. These long term infrastructure bonds offer an additional window of tax...

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