(D) Deduction In Respect Of Subscription To Long-Term Infrastructure Bonds — Section 8OCCF
For the A.Y. 2019-2020 in computing the total income of the assessee (individual and Hindu undivided family) the amount invested in infrastructure bonds would be allowed as a 100% deduction equal to the amount actually invested subject to a maximum sum of Rs. 20,000. and applicable on long-term bonds having a minimum tenure of 10 years with a lock-in period of 5 years.
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