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fixed assets input tax credit
car purchase for office Kya iski input credit le sakte h
Replies (4)
Nahi le sakte section 17(5) me mana kiya hai.
ITC for Motor Vehicles will not be available
Except
when they are used for:
Transportation of Goods, or
Making the following taxable supply:
I. Further supply of such vehicles/conveyances, or
II. Transportation of passengers, or
III. Training for driving/flying/navigating such vehicles/conveyances.
No cannot claim ITC , ITC Block u/s 17(5) on vehicle purchased
No cannot claim ITC , ITC Block u/s 17(5) on vehicle purchased
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