What is Section 80EEB of the Income Tax Act?

CA Santhosh Gupta Kethepalli , Last updated: 19 August 2020  
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Deduction in respect of interest payable on loan taken for the purchase of Electric Vehicle is available under Section 80EEB of the Income Tax Act, 1961 as introduced by the Finance Act, 2019. The deduction is available to promote the purchase and sale of Electronic Vehicles in the country. Here is

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Published by

CA Santhosh Gupta Kethepalli
(Chartered Accountant)
Category Income Tax   Report

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