Deduction in respect of subscription to long-term infrastructure bonds for the purpose of Section 80CCF of the Income-tax Act, 1961
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....e of the powers conferred by section 80CCF of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following bonds that shall be subject to the following conditions, as long-term infrastructure bonds for the purposes of the said section, namely:- (a) Name of the bond: "Long term infrastructure Bond" of India Infrastructure Finance Company Ltd. (IIFCL) (b) Issuer of t....
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.... the issue documents at the time of issue; (iv) The bonding shall also be allowed as pledge or lien or hypothetication for obtaining loans fromScheduled Commercial Banks, after the said lock-in period; (e) Permanent Account Number (PAN) to be furnished:- It shall be mandatory for the subscribers to furnish their PAN to the issuer; (f) Yield of the bond:- The yield of the bond shall not exceed ....