ITC of purchase property
vikram kerekar (1241 Points)
29 July 2021
itc can be taken on purchase of commercial property in the name of firm pls gaid me.
vikram kerekar (1241 Points)
29 July 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 29 July 2021
No such credits are blocked u/s 17(5)
vikram kerekar
(1241 Points)
Replied 29 July 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 29 July 2021
No ITC even if purchased in the name of the company. For more, read section 17(5).
Nidhi
(Chief Accountant)
(3150 Points)
Replied 29 July 2021
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