Tax Saving Bonds – IFCI Infrastructure Bond Series III

IFCI Ltd has come out with IFCI Infrastructure Bonds Series III . Having Benefits under section 80CCF of the income Tax, 1961 for Long Term Infrastructure Bonds. The Bonds are first for the year 2011-12. Main points of the issue are:

* The issue will open on September 21, 2011 and will remain open till November 14, 2011. However, the issuer would have an option to pre-close or extend the issue by giving 1 day notice to the arrangers. Deemed date of allotment- December 12, 2011.
* The benefit under section 80 CCF is limited to Rs. 20,000 in a financial year, but there is no limit on investment.
* Cheque/DD/Pay order, drawn and made payable in favour of “IFCI Limited – Infra Bond” and crossed “Account Payee Only”
* The PAN No of the Sole / First Applicant and all Joint Applicants(s) should be mentioned correctly in the Application Form. If the applicant opts for bonds in physical certificate form, then the self certified copy of the PAN Card of the sole/first holder and self certified address proof of the sole/first holder along with cancelled cheque must be attached to the application form.

To download application form click here IFCI Infrastructure Tax Saving Bond Series 3

Important: Please keep the photo copy of the filled application forms for your records, in case you did not receive the Bond in 30 days then you can mail your queries at contactcorpus@gmail.com

To know the Branch details, where forms can be submit click here HDFC BRANCH LIST FOR IFCI Series 3 Infrastructure Bond

You can also request the form on contactcorpus@gmail.com

Notice: Issue extended till 19th November

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