Menu
Is ITC available on professional indemnity insurance policy
Is ITC available on professional indemnity insurance policy
Replies (2)
Quick Summary
No......
As per sec 17(5) blocked credit for insurance premium paid for personal purposes no ITC, but you can avail if the insurance for burglary, fire safety insurance, ITC eligible.
Recent Topics :
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
Related Topics :
CAclubindia
