ITC on Purchase of Projector
This query is : Resolved
12 June 2020
Hi,
Can we avail ITC on purchase of Projector for business. or it should only be depreciated as asset.
Can we avail ITC on purchase of Projector for business. or it should only be depreciated as asset.
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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