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.
Who among the following devised the policy ‘Doctrine of Lapse’?
Where did INC Split for the first time?
According to the Portuguese writer Nuniz, in which of the following fields were women of the Vijayanagara Empire proficient?
1. Wrestling
...
Who was the founder of the Rashtrakuta dynasty?
Who was the opponent Lakshya Sen defeated to secure a semi-finals spot at the 2024 Paris Olympics, a historic achievement for an Indian male badminton p...
What initiative provides 90% credit guarantee coverage to women-led MSMEs?
______ are contracts that give the owner the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of put option) an...
Where did the 10th Sci-FI Science Film Festival of India take place in 2025?
What is the name of the government initiative aiming to increase milk production in India by 2025?
Which of these ocean currents is not associated with the North Atlantic Ocean?
