Electric Vehicle Deduction In Income Tax. 1,50,000 under section 80eeb on the interest paid on loan taken to buy electric vehicles. Extension of perquisite rules to cover electric vehicles:
This tax exemption on electric vehicles is allowed for the interest paid on the loan taken but not on repayment of the loan. The deduction will be available for both.
However, Itโs Essential To Note The.
The section defines the term.
When Paying Off An Ev Loan, A Total Tax Exemption Of Up To Rs 1,50,000 Is Available Under Section 80Eeb.
You get a deduction of rs.
A Deduction Of Up To Rs 1,50,000 For Interest Payments Is Available Under Section 80Eeb.
Images References :
1,50,000 Under Section 80Eeb On The Interest Paid On Loan Taken To Buy Electric Vehicles.
The section defines the term.
As Per This Section, Individuals Can Avail For A Deduction Amount Of Up To Rs 1,50,000 Per Annum On Payment Of Interest On A Loan Secured For The Purchase Of.
Section 80eeb gives tax deductions of up to โน1,50,000 on interest paid on loan amount on the purchase of electric vehicle.