Gstitc

152 views 2 replies
Dear Experts

1)- when staffs charge ta bill then hotel bill itc can we claim which was used by staffs for company perspose ?
2)-Flight Ticket itc can we claim if directors going to foreign for investors meeting regarding company ?
3)-Can we claim itc on festival sweets purchase like Diwali, holi?
4)-Can we claim on advertisement like facebook, whatsup, Naukri.com, linked, which was used for company purpose

Note-above expense under Agriculture business
Replies (2)

1) Yes
2) Yes
3) No, it is generally not possible to claim ITC for expenses related to festivals or celebrations, such as the purchase of sweets for Diwali or Holi. These types of expenses are considered to be personal in nature and are not eligible for ITCs.
4) Yes

Thanks


CCI Pro

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