input Tax Credit

ITC / Input 172 views 3 replies
can we take the input tax of the office employees regular expenses like hotel rooms booked by the company, company vehicle purchase & service
Replies (3)
No ITC on Travel benefits to the employees.
Except on -
rent -a-cab

You can claim ITC if you provide Life Insurance, Health Insurance
if expenses are for oficial trips than itc is available.....but ask your employees to take the invoices in the name of company/firm and not in their personal name.
Yes. I agreed to Mr CA Akhilesh Kumar Kandpal...

The company purchased the vehicle purchase tax can't take ITC and the service bill tax can take ITC. if the bill is company's name...


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