Input tax credit for car purchased in the name of business
This query is : Resolved
Vipin Gupta
(Querist)
27 October 2018
We have purchased car in the name of our Business. But we will not be running it for carring passanger or for driving school. The seating capacity is 5 Persons will we be allowed credit.
CA R SEETHARAMAN
(Expert)
27 October 2018
Credit will not be allowed for such cars.
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