Input tax credit on gst
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 April 2018
I am registered sole proprietor, having income from house property, I collect gst from tenant, I am also carrying business. can I take input tax credit of business on gst liability on house property.
27 April 2018
Yes... You can adjust both liabilities 9Rental & Business) in Business ITC.
Prepare Tax Invoice for the Renatl Income.
Prepare Tax Invoice for the Renatl Income.
27 April 2018
Yes ! You can take itc of business to get setoff benefit.
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