ITC on purchase of property
Vaibhav Raj (1 Points)
28 July 2017
how can and how much we can claim as ITC if we are purchasing a property???
Vaibhav Raj (1 Points)
28 July 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 28 July 2017
End users cannot claim ITC of GST paid.....
RAMESH D MODI
(Proprietor)
(4864 Points)
Replied 28 July 2017
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 28 July 2017
If you purchase a property for business purpose say doing business of sale and purchase of property then there are two situations:
1 If purchased from Registered than ITC available.
2 If purchased from URD ITC not available.
If you purchase for personal use no ITC available.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
