Tag Archives: Section 80EEB Income Tax

Section 80EEB Income Tax : Deduction for purchase of electric vehicle

By | July 10, 2019

Section 80EEB Income Tax : Deduction for purchase of Electric Vehicle Budget 2019-20 Speech of Finance Bill 2019 on 05.07.2019 Incentive to purchase electric vehicle: In order to incentivise purchase of electric vehicle by an individual, it is proposed to provide deduction of an amount uptoRs. 1,50,000 for interest paid on loan taken for purchase… Read More »