ITC availment

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157 Points Posted on 18 November 2020
A partnership fo purchase tv doea itc available
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On 18 November 2020 at 19:21 Report
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This discussion clarifies whether Input Tax Credit (ITC) can be claimed on the purchase of a TV for business purposes. The consensus is that ITC is available if the TV is used for business, such as being installed in an office or factory. There are no specific restrictions mentioned, provided the business use case is established.

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Accountant
3662 Points Posted on 18 November 2020
You can claim if business use
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On 18 November 2020 at 19:28
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157 Points Posted on 18 November 2020
How it can be used for business use
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On 18 November 2020 at 19:56
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Student
23693 Points Posted on 18 November 2020
For what purpose the firm has purchased TV ???
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On 18 November 2020 at 20:11
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Accountant
3662 Points Posted on 18 November 2020
If you installed TV in Office / Factory

You can claim ITC

No restrictions
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On 18 November 2020 at 22:24

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