itc in case of bus purchase for transportation of passanger by company

ITC / Input 117 views 2 replies
I will get credit if I purchase bus for transportation of passanger
Replies (2)
Originally posted by : HARSHAL SAGAONKAR
I will get credit if I purchase bus for transportation of passanger

Yes

No you cannot take ITC as block u/s 17(5) , but if the Government notifies the services which are obligatory for an employer to provide to its employees under any law for the time being in force then you can Avail ITC on the same


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