Section 80EEB

Does this mean we have more benefits on Evs? Because in twitter the person who put this has said that it will benefit those who by Ola and Ather also

This was introduced 2 years ago.

oh ok but it was highlighted recently so thought it was new. thanks for clarifying

Hi,

This section allows to claim deduction on interest paid on loan taken from financial institutions for purchase of electric vehicle,

If you have heard about 80C, 80D etc

This 80EEB also that kind,

So you over all income tax out go will get reduced

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