Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 249

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 249
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 is limited to investors that will hold our securities as “capital assets” (generally, property held for investment) under the Code, and that acquired the securities pursuant to resales made under this prospectus. No ruling from the Internal Revenue Service, (the “ IRS”) has been or will be sought regarding any matter discussed herein. No assurance can be given that the IRS would not assert, or that a court would not sustain a position contrary to any of the tax aspects set forth below. For purposes of this summary, a “ U.S. Holder” is a beneficial holder of securities who or that is:

| ● | an individual who is a U.S. citizen                                                  
 or resident of the United States as determined for U.S. federal income tax purposes; |

| ● | a corporation or other entity treated                                                                                                        
 as a corporation for U.S. federal income tax purposes created in, or organized under the law of, the United States or any state or political 
 subdivision thereof;                                                                                                                         |

| ● | an estate the income of which is                                                             
 includible in gross income for U.S. federal income tax purposes regardless of its source; or |

| ● | a trust (i) the administration of                                                                                                         
 which is subject to the primary supervision of a U.S. court and which has one or more U.S. persons (within the meaning of the Code) who   
 has the authority to control all substantial decisions of the trust or (ii) that has in effect a valid election under applicable Treasury 
 regulations to be treated as a U.S. person.                                                                                               |

A “ non-U.S. Holder” is a beneficial holder of securities who or that is neither a U.S. Holder nor a partnership for U.S. federal income tax purposes. If a partnership (including an entity or arrangement treated as a partnership for U.S. federal income tax purposes) holds our securities, the tax treatment of a partner, member or other beneficial owner of such partnership will generally depend upon the status of the partner, member or other beneficial owner, the activities of the partnership and certain determinations made at the partner, member or other beneficial owner level. If you are a partner, member or other beneficial owner of a partnership holding our securities, you are urged to consult your tax advisor regarding the tax consequences of the ownership and disposition of our securities. THIS DISCUSSION OF U.S. FEDERAL INCOME TAX CONSIDERATIONS IS FOR GENERAL INFORMATION PURPOSES ONLY AND IS NOT TAX ADVICE. WE URGE PROSPECT