Director & Employees of the PVT Ltd company travel within India or abroad. Tickets are booked thru travel agent . GSTIN of company is mentioned .
whether ITC is allowed?
Menu
ITC ON AIR TICKET
Replies (3)
Yes, You can avail ITC if business purpose
Yes absolutely available..
Sec17(5)(b)(iv) Travel benefit to employee on vacation such as LTC/home travel concession is not eligible for ITC, Else if it is used for furtherance of business ITC is allowed.
Recent Threads
- 54EC Capital Gains Tax Bonds
- We have bought MS Angles etc., and fabricated it t
- ICAI Scholarship
- GSTR-9 filling
- Intraday trading under presumptive
- Itc04 rorm date error
- Acknowledgment No. and date to be mentioned in rev
- Interest On Enhanced Compensation u/s 28 of Land a
- Wrong Place of supply mentioned by supplier on inv
- Itr for presumptive taxation and foreign asset
Related Threads
CAclubindia
