what is the procedure to take ITC on capital goods which is further used for manufacturing taxable goods
?
Menu
Input tax credit
Replies (1)
No more special procedure for Taking ITC for Purchase of Capital Goods...
You can take ITC in Purchased month if it's used in furtherance of business...
You can take ITC in Purchased month if it's used in furtherance of business...
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
