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ITC on abnormal loss
Can ITC be taken on abnormal loss occured in a factory.
Replies (2)
no itc can not be claimed on abnormal loss
if claimed it have to be reversed u/s 17
if claimed it have to be reversed u/s 17
Yes... You are exactly correct Mr RAMESH Sir...
I agreed to Mr RAMESH Sir...
@ Rajat,
You can't avail the ITC in abnormal loss ...
I agreed to Mr RAMESH Sir...
@ Rajat,
You can't avail the ITC in abnormal loss ...
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