Dear expert,
our company has organised cricket match for employees In the third party ground now we received the tax bill for following descripttion
is I eligible to take ITC on it?
1.ground fee
2.umpires
3.sound system
4.transport
5.water can
Menu
ITC on cricket ground
Replies (1)
No , You Can not claim Input tax credit, because it is not in the furtherance of Business as per section 16 of the CGST Act . take others opinion as well.
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
