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Itc for sale of flats

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 March 2018 Hello, I have query how ITC taken on sale of flats.
some flats sale before completion and some after completion then how Input taken on proportion basis of sales done before completion certificate? or For example one project make 10 flats and 5 sold before completion certificate and 5 after completion and my total Input for 10 flats are 1cr. then i can claim full 1 cr as ITC or proportion basis. please guide me thanks
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Udaya Chandran

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Udaya Chandran (Expert)
07 March 2018 As per my opinion, you can take credit on proportionate basis.
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