Input tax credit on capital goods
IS IT POSSIBLE TO CLAIM INPUT TAX CREDIT ON FIXED ASSETS LIKE COMPUTER , ELECTRONIC EQUIPMENTS .... ETC
Replies (3)
yes u can claim ITC on capital goods used for the purpose of business
| Originally posted by : SAIKUMAR | ||
 |
yes u can claim ITC on capital goods used for the purpose of business |  |
but if you claim itc then u have to charge depreciation on ass value ok
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