Menu
benefits of itc
Whether the registered person can avail the benefits of input tax credit and depreciation on the tax component of capital goods and plant and machinery?and what is impact on Income tax.
Replies (1)
in the Tax component Available Anyone of benefit of ITC or Depreciation. Can't avail both benefits...
***Depreciation is Income Tax view.
***ITC is IDT view (GST)
***Depreciation is Income Tax view.
***ITC is IDT view (GST)
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
