Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 286

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 286
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 the Foreign Account Tax Compliance Act of 2010 (including the Treasury Regulations promulgated
thereunder and any intergovernmental agreements entered in connection therewith and any laws, regulations or practices adopted in connection
with any such agreement), or, except as expressly addressed below, any U.S. tax reporting requirements.

As used in this prospectus
the term “U.S. holder” means a beneficial owner of our common shares, Pre-Funded Warrants and/or Series A Warrants acquired
following registration pursuant to this prospectus that is, for U.S. federal income tax purposes: (i) a citizen or individual resident
of the U.S., (ii) a corporation, or other entity or arrangement taxable as a corporation, created or organized in or under the laws of
the U.S., any state thereof or the District of Columbia, (iii) a trust if a court within the U.S. is able to exercise primary supervision
over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust
or the trust has a valid election in effect under applicable Treasury Regulations to be treated as a U.S. person; or (iv) an estate the
income of which is subject to U.S. federal income taxation regardless of its source.

If a partnership or other
entity or arrangement classified as a partnership for U.S. federal income tax purposes holds our common shares, the U.S. federal income
tax treatment of such entity or a partner (or other owner) of such entity holding or disposing of our common shares generally will depend
on the status of the partner (or other owner), the activities of the partnership and certain determinations made at the partner level.
This summary does not address the tax consequences to any such entity or arrangement or partner (or owner). Partnerships and persons treated
as partners in partnerships should consult their own tax advisors regarding the specific U.S. federal income tax consequences to them
of owning and disposing of our common shares, Pre-Funded Warrants and/or Series A Warrants in light of their particular circumstances.

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The following discussion
is not intended to be, and should not be construed as, legal or tax advice with respect to any U.S. holder of U.S. federal income tax
considerations relating to the ownership and disposition of our common shares, Pre-Funded Warrants and/or Series A Warrants acquired following
registration pursuant to this prospectus. No ruling from