itc allowed or not if purchased for bussiness I.e wholesale bussiness man required ac to be used in office.
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Quick Summary
If you're a registered business owner purchasing an air conditioner for your office or business premises, you can generally claim the Input Tax Credit (ITC) on it. The key conditions are that you must be a registered taxable person, possess a valid tax invoice, and the AC must be used for business purposes. There are no specific restrictions preventing ITC claims for business AC purchases.