ITC available on factory insurance

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2 Points Posted on 29 January 2018

ITC available on expenses of factory insurance??

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On 29 January 2018 at 11:33 Report
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273 Points Posted on 29 January 2018
no itc of life insurance(note only life insurance) available as per 17(5)

however if ur factory is required to take life insurance compulsorly required by government ...then itc will be allowed.
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On 29 January 2018 at 11:50
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Student CA Final
63 Points Posted on 29 January 2018
yes itc available on factory insurance..
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On 29 January 2018 at 12:11
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Student
56 Points Posted on 29 January 2018
yes available , they have restricted ITC on life insurance and health insurance
factory insurance is general insurance the ITC ofwhich is open i mean allowed
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On 29 January 2018 at 15:23
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273 Points Posted on 29 January 2018
ya itc of factory insurance is allowed.
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On 29 January 2018 at 15:30
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IND
22 Points Posted on 24 August 2018

ITC available on expenses of Vehicle insurance?

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On 24 August 2018 at 12:58
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Student CA Final
23 Points Posted on 27 February 2019

Yes, allowed

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On 27 February 2019 at 13:00
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ACCOUNTANT
22 Points Posted on 23 March 2019

YES,ALLOWED.

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On 23 March 2019 at 16:38

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