Menu
ITC Milega ya nahi ????
I am working at petrol pump gst is only applicable on lubricants and distilled water.We purchased a tanker on loan for business for rs 2650000 from ICICI bank from the party .Should I get itc of this or not
Replies (1)
ITC will not be available in this case, as it will not be used for lubricant or distilled water.
Better to capitalize it and claim depreciation.
Recent Topics :
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
Related Topics :
CAclubindia
