Menu
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
Recent Topics :
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
Related Topics :
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
