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?
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.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
