we are engaged in construction and pipeline business.
can we tak input credit on television purchased. I.
already have one television
in my balance sheet purchased before 2 yr
Menu
Gst input on television
Replies (9)
Quick Summary
No you cannot take ITC on TV purchased
Ethically you should not take itc but legally you can if you show it is for business purpose
ITC on TV purchased for the purpose of business can be availed.
Thank you all
Even though TV doesn't have relationship with your business but still you can avail credit as we can as an office equipment.
You can definitely take itc
there is second thought on that
there is second thought on that
Your welcome
If it is for business use, then you can avail ITC.
Yes ..
Recent Topics :
- Loss on sale of residential flat after indexing al
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
- Income Tax Auditor Tenure for Small Companies
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
Related Topics :
CAclubindia
