Regarding Confusion in ITC.
This query is : Resolved
07 July 2025
Dear Experts
My client has only RENT INCOME under GST. Now, They are taken some ITC against stationery expenses and BSNL telephone expense. It's correct ??
My client has only RENT INCOME under GST. Now, They are taken some ITC against stationery expenses and BSNL telephone expense. It's correct ??
07 July 2025
Yes, it can be claimed with proper justification i.e documentary evidences.
09 July 2025
Sir, can you explain in deeply, Because some colleague are to terrified me. And all fulfill condition u/s 16. So, Sir I request you to please help me. I am very stress about this matter.
09 July 2025
Any expense incurred for earning the rental income, be it for stationery or telephonic charges, you can claim. But you cannot claim it in lumpsum. What you have been told is correct if you are claiming these expenses in total, i.e. even if not incurred for earning the income.
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
- Income Tax Return under Old Regime for A.Y. 2025-26
- Clarification on Monthly Reset of Invoice Serial Numbers under GST
- RENTAL INCOME-GST
- Regarding Confusion in ITC.
- Appropriate IT return form
- Strange tax problem
- Disturbing entry reflected in AIS increasing scope of notice u/s 69
- TCS on travel expesnes
- IT Return - other income
- GST Registration in two different states is required or not
- Section 194R
- Part Time employee
- Income Tax CG
- Ads/tcs applicability on purchase of jewelry
- TDS FILING FOR LOCAL AUTHORITY
- HSN CODE AND GST RATE FOR IDOLS
- ANNUAL RETURN OF COMPOSITION DEALERS
- Amendment in E-Invoicing
- Data Error in Offline Utility of GSTR1
- Regarding additional late filing fees under TDS return intimation
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
