sir,
can i claim Itc on car purchases for business.
Menu
ITC ON CAR PURCHASES.
Replies (1)
No; not eligible. Its under blocked credit. You can capitalize the cost and claim depreciation over it.
Recent Topics :
- GST IDS Refund – Statement 01A: Invoice Not
- TDS deposit code & TDS return
- AIS VS GST Mismatch- FY 2025-26
- Gross total income
- Export Compliance
- Sale of plots in open land
- Income tax query
- Best CA Inter coaching in laxmi nagar
- HOW TO SELL SHARES OF PRIVATE LIMITED COMPANY SOME
- Unregistered Association of Persons (AOP) Agreemen
Related Topics :
CAclubindia
