INFRACTURA STRACTURA BOUND

[KAMLESH KUMAR]

NAME OF THE ISSUEING COMPANEY/DEPARTMENT/ OFFICE FOR INFRACTURAS STRACTURA BOUND

[CA Rachit Agarwal]

1. L & T Infrastructure Bond

2. Forthcoming Bonds- ICICI Bank, IDBI Banks.............

[rishi mohan]

Lic (Life insurance corporation) infrastructure bonds.

IDFC infrastructure bonds.

These bonds are available to all tax payers and give an extra deduction of Rs 20,000 under section 80 CCF. 

AI Summary

Infrastructure bond deductions: taxpayers may claim extra deduction under section 80CCF for eligible bonds from specified issuers. Infrastructure bonds issued by entities such as L&T, ICICI Bank, IDBI Bank, LIC and IDFC are available to taxpayers and qualify for an extra deduction under 80CCF, allowing subscriptions to specified infrastructure bonds to reduce taxable income within the statutory deduction mechanism.