itc on car purchased
This query is : Open
Krishnapal
(Querist)
12 February 2018
Can the firm claim the itc on new car purchased? how much itc can to be claim in first year and subsequent year? pls reply for the same.
CA R SEETHARAMAN
(Expert)
12 February 2018
ITC on car purchased can be claimed only when it's used for hiring.
Message likes :
1 times
12 February 2018
No...
ITC can't available for purchase of Car except it's related business.
Krishnapal
(Querist)
20 February 2018
thanks sir..
Krishnapal
(Querist)
20 February 2018
Dear. sir Itc available for foreign travelling exp.
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