WE ARE PROCESSORS OF NATURAL RUBBER.
WE PURCHASED SQUARE PIPE AND SHEETS FOR MAINTENANCE OF OUR FACTORY BUILDING ROOF. CAN WE CLAIM ITC OF THE ABOVE PURCHASE.
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ITC CLAIM
Replies (4)
Yes, you can claim ITC
No u can't claim see section 17(5)
Yes, you can claim ITC (please book expenses p & l account not capitalized)
It's factory building he can't claim
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