we have paid rent for employee residential flat and paying gst RCM.
On this gst RCM can we take input credit.( Can this rent paid for employees residential flat treated as furtherance of business )
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Furtherance of business
Replies (3)
Quick Summary
Yes, ITC can be claimed on the rent...
One side ITC can be claimed because its furtherance of business administration expenditure other side department may be argue it's personal
I am not understand meaning of one side & other side , Please requested to explain . I am agree this is personal expenses
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