Question
Which section of the Income Tax Act, 1961, allows a
deduction of interest paid on loan taken for purchase of an electric vehicle?Solution
Section 80EEB allows a deduction of up to Rs. 1.5 lakh on the interest paid on loan taken by an individual for the purchase of an electric vehicle. The deduction is available for the assessment year beginning on the 1st day of April, 2020 and subsequent assessment years.
How is L related to N?
Sonam introduced a woman in a function, “She is the wife of the only son of my father’s brother’. How is the woman related to Sonam?
How is S related to Q?
How is uncle of S related to N?
Who is the maternal uncle of K?
Who among the following is brother-in-law of M?
If G is the daughter of W’s father’s unmarried paternal aunt’s mother’s only son. Then how is mother of W related to the mother of G?
...Answer the questions based on the information given below.
There are seven persons L, M, N, O, P, Q and R in the family of three generations. N...
If A + B means B is father of A and A % B means A is brother of B, A # B means B is husband of A. Which of the following shows that M is daughter in law...
How is P related to mother of S?
