Itc available on diwali gift

877 views
User Avatar

1167 Points Posted on 08 October 2017
Can we take the input on diwali gift like as jewellery item, sweet and other gift
0 Reply Share Follow
On 08 October 2017 at 20:23 Report
Replies (2)
User Avatar

Business and tax consultant
3299 Points Posted on 08 October 2017
yes I think
Reply
On 08 October 2017 at 20:29
User Avatar

SELF EMPLOYED
39 Points Posted on 08 October 2017
No. You can't take input tax credit for Diwali gifts. It is a blocked credit under section 17(5).
Reply
On 08 October 2017 at 21:59

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST Reconciliation Tool (2A vs Books) - looking fo
  2. TDS ON PF FORM 19 WITHDRAWAL
  3. Can a virtual office in Mumbai be used for company
  4. Eway and e invoicing in condition where 4 party ar
  5. Bank balance in ITR-3
  6. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  7. Tempsens Instruments IPO GMP Allotment Listing dat
  8. Upload Type - Correction. Not showing in TDS filli
  9. Partnership tax audit query
  10. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V

More recent discussions | Post

Related Topics :

Loading