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.
When was the Insolvency and Bankruptcy Code 2016 notified in the gazette of India?Â
Within how many days from incorporation should a company have its first Board meeting?
An internal aid that may be added to include something within a Section or to exclude something from it is known as ___________.
Which of the following is NOT a general exception under chapter 4 of IPC?
What is the maximum duration of a wage period under the Payment of Wages Act, 1936?
What is the filing fee for LLP in case where the contribution of LLP exceed Rs Five lakh but does not exceeds Rs Ten lakh:
Where a depository fails to conduct its business with its participants or any issuer or its agent or any person associated with the securities markets ...
According to the Arbitration and Conciliation Act, which of the following is a ground for challenging the validity of an arbitral award?
As per the Legal Services Authority Act the term case means______________
Under the Arbitration and Conciliation Act, 1996, who has the authority to appoint an arbitrator when the parties fail to do so?
