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Input in two wheeler

ITC / Input 511 views 7 replies

can we avail input against purchase two wheeler like activa for marketing in distribution and supply purpose

Replies (7)

No... ITC not available...

No Sir....
You cannot avail the benefit of Input Tax Credit (ITC) on Motor Vehicles Purchased...
No you cannot avail ITC ,..as block u/s 17(5)

No. You can't...Avail the benefit of ITC 

No itc allowed for two wheeler.

                  can we avail input  against purchases of a car for business use for firm names?  are deprecation avail? 

THANK YOU
 

Originally posted by : T.T.VIJAYAPRAKASH
                  can we avail input  against purchases of a car for business use for firm names?  are deprecation avail? 

THANK YOU
 

No... ITC not available...

But.,

You can book the Total values under Fixed Asset and Claim depreciation on the value.


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