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input tax credit

ITC / Input 403 views 3 replies
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proprietor
66 Points Posted on 07 July 2017
if assesse has a rental income more than 20 lacs and interest income as bank interest , can he claim itc against bank charged GST in his
account due to processing charges or inspection charges etc?
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On 07 July 2017 at 21:36 Report
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PROPRIETOR
141 Points Posted on 07 July 2017
Yes you can only condition is that Bank Account should relate to business of the assesee
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On 07 July 2017 at 21:41
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PROPRIETOR
141 Points Posted on 07 July 2017
Yes he can GST on Bank charges is not in the negative list but the bank charges should relate to the account of business
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On 07 July 2017 at 21:44
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proprietor
66 Points Posted on 07 July 2017
how rental income deals with bank account deals with business of assesse .
you mean to say rental income should come into that account ?
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On 07 July 2017 at 22:38


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