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L&T Infrastructure Tax Saving Bonds

| October 21, 2010 | 9 Comments

L&T Infrastructure Finance Company Limited has come up with a Public Issue of Long Term Infrastructure Bonds offering benefits under Section 80 CCF of the Income Tax Act, 1961, Investments in these Bonds will be eligible for deduction of up to Rs 20,000 in computation of taxable income for FY 2010-11. This is over and above the deduction of Rs 1,00,000 available under Section 80C, 80 CCC and 80 CCD read with the Section 80 CCE. The lead managers to the issue are ICICI Securities Ltd, JM Financial Consultants Pvt Ltd. and SBI Capital Markets Ltd. Further details of the Bonds and the offer are available in the attached one-pager.

UPDATE: Last Date To Apply Extended To 15-Nov-2010

Attachment: Complete Details of L&T Infrastructure Tax Saving Bonds

To Apply, email at fd@moneyvriksh.com ot call (+91) 9818716151

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Category: Blog, IPO, Tax Saving Scheme

  • Ram

    I would like to invest in “L&T Infrastructure Tax Saving Bonds” but I dont have Dmat account.

    Please advise,

    Thanks
    Ram

  • admin

    You can apply in physical mode. DEMAT account is not compulsary.

  • admin

    Last date to apply extended to 15-Nov-2010

  • INDRANIL CHATTERJEE

    i am interested .but how to apply?

    • admin

      Hi Indranil, To apply, email at fd@moneyvriksh.com. We will send you the form. You will have to mail it back to us.

  • JATIN P GAJERA

    I have applied for 20Nos. Infrastructure bond(Application No.25307484)
    This bond credited in my demat account(Client ID:10833753/DP ID:300974).

    But I have not received letter from your side till date.Which is very necessary for income tax purpose.So please reply me about this.

    Thanks,

  • chauhal singh

    sir
    i take infratucture bond

  • http://bfuhs.com Anil Batta

    Dear Sir,
    This is for your kind information that:–
    1) I sought L & T infrastructure bonds worth Rs.20, 000/–(Twenty thousand) in February, 2011 vide Bank Demand Draft No.957996 of State Bank of Patiala Bank code: 50866. (GGS Medical College, Faridkot) dated 8/2/2011 (February 8, 2011) and application No. 1—6367392. .
    2) The same was encashed by L & T infrabond account on March 1, 2011 (1/3/2011) from State Bank of Patiala Bank code: 51139 (ccpc) of Ludhiana Branch.
    3) But I have not received bonds or my money back till now.
    4) Kindly verify and send me bonds immediately. If you are unable to dispatch bonds kindly send back Rs.20, 000/–(Rs.Twenty thousands).
    Dr.Anil Batta
    # 206, GGS Medical Campus,
    Faridkot—151203 (Punjab)

  • vk jain

    I was alloted 20 tax saving infra bonds U/S 80CCF of Rs 1000/-each of L&T infrastructure fin co ser 4, 7.5%Rate coupon alloted on 02 dec’2010. These are held in Electronic form vide ISIN INE691I07190 IN MY D mat a/c no IN300757/10519622.

    I have to submit the proof of allotment of these tax saving infra bonds to IT authority. I request the company to send me a conformatoty letter to this effect at the earlist. Regards… vkjain

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