Approved List Of Tax Deductible Electric Vehicles Details. You get a deduction of rs. The government on 12 th may 2021 approved production linked incentive (pli) scheme, ‘national programme on advanced chemistry cells (acc) battery.
Mr adeduction u/s 80eeb for interest payable on loan taken for purchase of electric vehicle [rs 20 lakhs x 10% = rs 2,00,000, restricted to rs 1,50,000,. Under this section, an individual can claim a deduction of up to rs.
The Government On 12 Th May 2021 Approved Production Linked Incentive (Pli) Scheme, ‘National Programme On Advanced Chemistry Cells (Acc) Battery.
Section 80eeb gives tax deductions of up to ₹1,50,000 on interest paid on loan amount on the purchase of electric vehicle.
1.5 Lakh On The Interest Paid On The Loan Taken For Purchasing An Electric Vehicle.
This makes it easier for people who own evs for personal or private use to deduct the.
Electric Vehicles Are Covered Under Production Linked Incentive (Pli) Scheme For Automobile And Auto Components, Which Was Approved On 15 Th.
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Further, Evs Are Not Subject To Road Tax.
A deduction of up to rs 1,50,000 for interest payments is available under section 80eeb.
According To Section 80Eeb, Interest Payments Up To ₹1.5 Lakhs Are Deductible.
For electric vehicles used for business purposes, individuals can claim a deduction of up to ₹1,50,000 under section 80eeb.
Mr Adeduction U/S 80Eeb For Interest Payable On Loan Taken For Purchase Of Electric Vehicle [Rs 20 Lakhs X 10% = Rs 2,00,000, Restricted To Rs 1,50,000,.