ITC claim valid or not

Save Share

This query is : Resolved

Quick Summary

This discussion explores whether a landlord can claim Input Tax Credit (ITC) on significant property improvements made for a commercial tenant. The tenant has requested substantial changes, including civil work, electrical installations, and finishing touches. The core question is whether these expenses, made to fulfil the tenancy agreement, are eligible for ITC, especially if they are capitalised as part of the building.

avijeet

avijeet (Querist)
Follow

18 July 2022 I have given my property on rent for commercial purpose. tenant has asked me to do some changes which are as follows;
Some civil change (Cement and tmt bars)
providing electricity connection to the doorstep by installing transformer and all accessories required to start it
installing vitrified tiles
Shutter
Meter room of iron sheet
Toughen glass gate

So i want to know can i take itc on these items as these items are purely for the use of tenant and agreement is done by tenant only if these conditions are fulfilled.