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.
Each question below has two blanks, which is indicating that something has been omitted. Choose the most suitable option indicating the words that can ...
- In the question given below, there is a sentence of which some parts have been jumbled. Rearrange these parts, which are labeled as P, Q, R, and S, to prod...
The scientists believe that their breakthrough could ______ the future of renewable energy.
Each sentence below has two blanks. Choose the pair that best fits both.
The researcher’s argument was so ________ that even experts found it...
- The following sentences contains a blank. Choose the most appropriate word or phrase from the given options to complete the sentence grammatically and cont...
Given below sentence with two blanks. Below sentence are given four pair of words among which one pair might fill the blank. If none of the words fill ...
The paper ____________ an urgent shake-up in the system for looking after the elderly.
Choose the correct option to fill blank 2.
Select the most appropriate option to fill in the blank.
Anita is an employee who has unconditional ________ for her company.
I am always very clear …….. what I want to do and this time it was no different.
