ITC is eligible for roof lekage

Nitin (accountant) (450 Points)

17 September 2023

work done under SAC code 995453

material & manpower supply for roof lekage work of company shade.

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3 Replies

Suresh Kumar (Account) (408 Points)
Replied 17 September 2023

ITC can only be claimed if invoice value booked in Profit Loss Account as expenditure.

If invoice value booked in Capital Account of B/L than ITC cannot be claimed.

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 17 September 2023

Yes You can claim ITC if this expense booked as Repairs and Maintenance....

sabyasachi mukherjee (27797 Points)
Replied 19 September 2023

Yes you can claim input tax credit.

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