Loan On Electric Vehicles 80eeb. This means, you can deduct interest on loans. Section 80eeb allows direct tax benefits to taxpayers on the interest they pay on their electric vehicle loan.
The loan must be sanctioned anytime during the period starting from 1st april 2019 till 31st march 2023. Basically to purchase an electric vehicle, you must obtain a loan from a bank or other type of financial organisation.
You can avail deductions of up to โน1.5 lakhs under section 80eeb, and these deductions are available until the debt is fully paid off.
If you have taken a loan to purchase an electric vehicle, you can take tax deduction up to rs 1.5 lacs on the interest paid on such a loan.
With the government's emphasis on reducing pollution and promoting electric.
If you have taken a loan to purchase an electric vehicle, you can take tax deduction up to rs 1.5 lacs on the interest paid on such a loan.
Loan On Electric Vehicles 80eeb. This means, you can deduct interest on loans. Section 80eeb allows direct tax benefits to taxpayers on the interest they pay on their electric vehicle loan. The loan must be sanctioned anytime during the period starting from 1st april 2019 till 31st march 2023. Basically to purchase an electric vehicle,…
