ITC ON CAR PURCHASES.
saurabh gupta (72 Points)
12 June 2023can i claim Itc on car purchases for business.
saurabh gupta (72 Points)
12 June 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(194761 Points)
Replied 12 June 2023
No; not eligible. Its under blocked credit. You can capitalize the cost and claim depreciation over it.
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