Can we take ITC of Pooja & festival expense

1803 views 2 replies

chota bheem

11 Points Joined June 2018

Replies (2)

The expenditure incurred in the maintenance/ pooja expenses which is wholly and exclusively connectable with the purposes of the business and is not in the nature of capital expenditure or personal expenses, the same can be claimed as deduction under section 37(1) of the Act.

so ITC can be claimed.

Eswar Reddy S

CFO- at NHTF

58280 Points Joined August 2012

ITC can't be claimed on Pooja & festival expenses since those are not used in providing taxable services.

You may take the support of case laws if any