Infrastructure Bond for 80CCF to Flood Market During FY 2011-12

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Section 80CCF provides Rs 20,000 extra deduction for subscribing long-term infrastructure bond . The Government has , now notified vide Notification No. 50/2011 [F.NO. 178/43/2011-SO(ITA.1)], Dated 9-9-2011 that   infrastructure bond issued by five kinds of companies can be valid for subscription for the purpose pf  80CCF deductions. Who Can Issue Infrastructure bond The Industrial…

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