In order to promote usage of electric vehicles and make them affordable, deduction up to INR 1.5 Lakhs will be allowed on interest paid on loan taken for the purchase of an electric vehicle. The loan should be sanctioned by the specified financial institution during the period 1 April 2019 to 31 March 2023. Further, no electric vehicle should be owned by the taxpayer as on the date of sanctioning of loan..
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Frahm figures about 140 tax returns get completed by his volunteers at the library location every week. When The Columbian dropped by on Wednesday afternoon, there were approximately 20 people waiting to meet with a locations are available. Every year, the IRS trains approximately 65 local volunteers most but not all are retired folks, Jones said and farms them out to six sites in Clark County..
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