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ITC on 2 wheeler purchase
Can ITC be claimed on purchase of 2 wheeler for business purpose
Replies (4)
Only claim ITC if the 2 wheeler is exclusively used for business. Dont claim if its partially used for personal and partially for business.
No... ITC not available for the purchase of Two Wheeler...
No..... ITC is not available , it's block u/s. 17(5) even if it is used in Business
Thanks for other people who answered and corrected me.
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