ITC CLAIM OR NOT
use full (25 Points)
29 June 2018
I have started a shop purchases Bulb,Wire,Ac,Furniture,Inverter, Can I claim Itc How once time OR many times
2 Replies
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 29 June 2018
yes you can as all the mentioned item not cover under section 17(5)...you hv to claim itc once time
CA Bhavik Soni
(867 Points)
Replied 21 August 2018
you can claim itc on all purchases which are used in furtherance of business. but not for twice
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