Input credit on Gifts for Diwali

CA Akhil Rastogi , Last updated: 02 November 2018  
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DIWALI GIFTS: IS ITC AVAILABLE? Diwali is the time to gift to your friends, family, employees, customers and clients. Let us have a look whether ITC is available for purchase of Diwali gifts for vendors, customers or consultants. Section 16: Taxpayer is entitled to take ITC on tax charged o

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CA Akhil Rastogi
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