vat

This query is : Resolved 

18 May 2011 vat paid on hotel bills ( official visit) can a real estate co. take credit.

18 May 2011 hotel bills are not input for out put vat, input credit not available

even such expenses are disallowed in incometax, if found excess in ratio to business

19 May 2011 Vat input credit is not applicable for hotel bills in real estate . only construction related bills are applicable for VAT input credit.


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