Deduction in respect of subscription to long-term infrastructure Finance bonds under Section 80CCF of the Income Tax Act, 1961

Deduction in respect of subscription to long-term infrastructure Finance bonds under Section 80CCF of the Income Tax Act, 1961 https://www.taxtmi.com/news?id=1262 Deduction for long-term infrastructure bonds is recognised for specified bonds issued by designated development finance institutions and infrastructure finance companies; amounts raised by those specified infrastructure bond issues shall not be treated as public deposits under the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998, and a notification amends the NBFC directions accordingly. en-us Wed, 27 Oct 2010 09:56:13 +0530 Wed, 27 Oct 2010 09:57:00 +0530 TaxTMI RSS Generator Deduction in respect of subscription to long-term infrastructure Finance bonds under Section 80CCF of the Income Tax Act, 1961 https://www.taxtmi.com/news?id=1262 Deduction for long-term infrastructure bonds is recognised for specified bonds issued by designated development finance institutions and infrastructure finance companies; amounts raised by those specified infrastructure bond issues shall not be treated as public deposits under the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998, and a notification amends the NBFC directions accordingly. News - Wed, 27 Oct 2010 09:56:13 +0530 https://www.taxtmi.com/news?id=1262