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ITC eligible or not?

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Financial consultant
90 Points Posted on 29 January 2022
GSTN reg organization earn only rental incomes only.That organization Eligible or ITC or Not Eligible.Plz reply anyone?
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On 29 January 2022 at 09:07 Report
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CA
10436 Points Posted on 29 January 2022
If the business is renting of immovable property then the itc is eligible
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On 29 January 2022 at 11:01
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N/A
22 Points Posted on 29 January 2022

Gud mor sir,Ok.Thank you Sir.Rental for stall purpose,Banner,Notice borad etc..Including residents welfare  association or Excluding sir?

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On 29 January 2022 at 11:49
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Chief Accountant
3150 Points Posted on 29 January 2022
If property is used for residential purpose that ITC not available, if used for Commercial purpose than available
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On 29 January 2022 at 14:38
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CA
10436 Points Posted on 29 January 2022
Yaa right
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On 29 January 2022 at 14:41
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Profession Business
28207 Points Posted on 30 January 2022
STUDY THE CONDITIONS OF ITC
1. VALID TAX INVOICEk
2. USED IN THE COURSE OF BUSINESS
3. REGISTERED DEALER
RENTAL IS EXCLUDED FROM THE PURVIEW of GST.
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On 30 January 2022 at 07:16


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