Purchased : - Home Theater (2.1) + Smart T.v. (44 Inch) + Samsang Mobile = Rs.45,000.00 (Including GST)
The Invoice was raised in Business Name (Not By Person Name) Eg. XYZ.Ltd (Not By Mr.Ram).
Can I Claim ITC on Them and can show thiss items under Fixed Assets in Book.????
No ITC can be claimed if it is used for personal use
No ITC cannot be claimed if it is used for personal use
O P Bagla & Co LLP
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CA Inter
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SKAA & Associates
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Triveni Turbine Limited
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CAclubindia
