Where an assessee has not exercised option u/s 115BAC, deduction under section 80EEB is allowed to an individual on account of interest payable on loan taken by him from any financial institution for the purpose of purch
CS Executive · Tax Laws · PYQS · December 2022
Where an assessee has not exercised option u/s 115BAC, deduction under section 80EEB is allowed to an individual on account of interest payable on loan taken by him from any financial institution for the purpose of purchase of an electric vehicle subject to maximum of Rupees:
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax Act, 1961
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