Input tax credit
This query is : Resolved
24 November 2014
Dear All
iam working in construction company. i have query that can we claim input tax credit on professional fees paid to architects and set off the same on sale of flats.
iam working in construction company. i have query that can we claim input tax credit on professional fees paid to architects and set off the same on sale of flats.
24 November 2014
the ans is yes as its service was already paid for business purpose
26 November 2014
yes you can take the service tax credit.
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