Easy Office
LCI Learning

ITC claim valid or not

This query is : Resolved 

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.


19 July 2022 All such expenses related to building ITC can't be claimed.

19 July 2022 You can take ITC if you don't capitalise the expenses.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries