Purlin Used in Factory Building
This query is : Resolved
11 February 2022
Purlin Used in factory Building to protect from heat to employee
whether input can be allowed on purchase and used in Factory Building.,
whether input can be allowed on purchase and used in Factory Building.,
11 February 2022
It's part of factory building input not allowed.
12 February 2022
If the expense is of capital nature then ITC will not be allowed. But prima facie it seems that it is of revenue nature since the capacity of building is not getting increased therefore ITC will be available. There can be more aspects to look but the ultimate reason is that if is is to be capitalised then ITC is nt available otherwise it is available.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- Missed TDS
- Rent claimed on building given on permissive possession basis
- F&O reporting in ITR
- ITR 44AD SECTION
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Taxation on Old jewellery sold
- Query regarding reporting of exempt foreign remuneration in ITR
- Gst reverse charge mechanism to be claimed in the month of payment
- Itr processing refund
- U/S 194 T
- TDS refund Indemnity Bond
- ITC BENEFIT ON BROKRAGE PAID
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
