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Construction of commericial shop
construction of commericial shop can we claim input tax credit???? thanks in advance
Replies (4)
No it's blocked credit under section 17(5) to the extent of capitalization.
There is a case law of Safari retreats of Orissa HC which you can refer. The case is at present pending at Supreme Court
No you cant take
No it's block u/s 17(5) . Cannot claim till SLP filed against Safari case is pending before Hon'ble SC
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