input tax credit building available
Nilkesh kumar (no) (192 Points)
10 June 2018
Whether input of building available which is used for personal purposes and business purposes??
1 Replies
Vinod Babu
(24196 Points)
Replied 10 June 2018
No ITC is available for goods/services for construction of an immovable property on his own account. Even if such goods/services are used in the course or furtherance of business, ITC will not be available.
Sec 17 blocks the itc.
Sec 17 blocks the itc.
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