Tuesday, 20 March 2012

Deduction under 80CCF – Is it still available

It seems as if we have lost the advantage of claiming deduction under Section 80 CCF as the Budget 2012 nor the Direct Tax Code specifies the adopting of Section 80 CCF for the coming year also.

Point to note: This deduction under section 80 CCF is not applicable from the Financial year 2012-13.

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