Input on vehicle and insurance
NICSON JOHN (513 Points)
18 October 2021NICSON JOHN (513 Points)
18 October 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 18 October 2021
prasad Nilugal
( GST Practitioner & Accounts )
(14167 Points)
Replied 18 October 2021
Udaykumar
(Accountant)
(43 Points)
Replied 18 October 2021
Dear Sir,
If you are dealing with same business then only. like Apart from the business of automobiles no one can claim their ITC OF personal expenses or purchases related to automobiles. So you cant claim ITC on motor vehicle insurance.
Sanjay Kumar
(70 Points)
Replied 18 October 2021
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