80eeb-Deduction On Electric Vehicle Loan Interest. The loan should be taken to buy an electric vehicle. A deduction of up to rs 1,50,000 for interest payments is available under section 80eeb.
For electric vehicles used for business purposes, individuals can claim a deduction of up to โน1,50,000 under section 80eeb. The loan needs to be sanctioned between 01/04/2019 and 31/03/2023.
Actual Interest Payable On The Amount Of Ev.
Section 80eeb of income tax act helps you to claim electric vehicle loan interest amount up to rs.
A Deduction Of Up To Rs 1,50,000 For Interest Payments Is Available Under Section 80Eeb.
Section 80eeb of the income tax act enables individuals to get tax savings by claiming a deduction on interest payments on loans availed for purchasing evs.
The Electric Vehicle Loan Must Be Sanctioned After The 1St Of April, 2019.
Images References :
Actual Interest Payable On The Amount Of Ev.
The deduction will not be more than.
The Maximum Loan Amount For Which The Deduction Can Be Claimed Is โน1.50 Lakhs.
Section 80eeb of the income tax act enables individuals to get tax savings by claiming a deduction on interest payments on loans availed for purchasing evs.
The Loan Should Be Taken To Buy An Electric Vehicle.