itc on builders

ITC / Input 196 views 3 replies
Sir,
Whether builder claim itc.?
Pls
Replies (3)

Yes, Builders can calim ITC over underconstruction units if sold, proportionately.

Sir, if some plots are not sold, what is the procedure for input tax credit, and is there any time period to sale the plots. Pls explain

For plots no ITC will be available. ITC available only over construction of any units over it.


CCI Pro

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