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ITC on Purchase of Projector

This query is : Resolved 
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(Querist)
12 June 2020 Hi,

Can we avail ITC on purchase of Projector for business. or it should only be depreciated as asset.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 June 2020 Yes ITC can be claimed as it's purchased for business. Being asset claim it over a period of 60 months.
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