Was Input on purchase of car and repairing of car on company's name allowed In FY-2017-18 ?
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Input on purchase of car in FY-17-18
Replies (3)
Quick Summary
As per section 17(5), the Input is not eligible from FY 2017.
But Section 17(5) introduced in 18 -19 I think. I cant find the provisions of 17-18 thats why I am confused.
Can You confirm pls ?
Input on car and its repairs was never allowed. There was some confusion with repairs but it was not allowed.
Section 17(5) was there in 2017-18
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