I have a car purchase ..
This car is for personal use Can I claim insurance for this car? Thanks.......
Menu
Claim ITC On Insurance
Replies (7)
No, you can't claim ITC.
No.... ITC not available.
Personal use you can't claim ITC...
Thank You So Much All Of You....
No You cannot claim ITC as it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
As per section 17(5) of cgst act 2017, ITC is blocked for supplies in the nature of personal use
No .....you cannot claim ITC
Recent Topics :
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
Related Topics :
CAclubindia
