sir,
can i claim Itc on car purchases for business.
No; not eligible. Its under blocked credit. You can capitalize the cost and claim depreciation over it.
saurabh gupta (66 Points)
12 June 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161308 Points)
Replied 12 June 2023
No; not eligible. Its under blocked credit. You can capitalize the cost and claim depreciation over it.
CAclubindia
