sir,
Can professional person eg. CA, Advocate claim ITC of repair and maintenance of car used for business purpose (Car is shown in Balance Sheet)
Menu
Input Tax Credit
Replies (7)
No........................
No itc available
No iTC not available
for what reason
when expenses are related for business purpose,then you claim ITC.
please refer sec 17(5)
ITS BLOCK U/S 17(5) OF CGST ACT
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
