ITC ON EXPENSES

348 views
User Avatar

ACCOUNTANT
46 Points Posted on 18 June 2018
I have arrange the program for my company welfare ... and have received the the GST bill can I take the credit for such expenses
.
0 Reply Share Follow
On 18 June 2018 at 12:09 Report
Replies (5)
User Avatar

GST Practitioner
55067 Points Posted on 18 June 2018
what Kind of expense/program ??? can u explain
Reply
On 18 June 2018 at 12:30
User Avatar

2 Points Posted on 18 June 2018
ITC is not Available on food
Reply
On 18 June 2018 at 12:31
User Avatar

ACCOUNTANT
46 Points Posted on 18 June 2018
pooja in a company ... workers welfare ...
I have purchase the dishes , glasses , spoons for such . should I take the ITc on such
Reply
On 18 June 2018 at 12:32
User Avatar

Chartered Accountant
2414 Points Posted on 18 June 2018

In my opinion, its better not to take ITC as these expenses are not  for furtherance of business. Department will disallow such ITC.

Reply
On 18 June 2018 at 13:04
User Avatar

24196 Points Posted on 18 June 2018
You can't take ITC on expenses on food.
Reply
On 18 June 2018 at 13:59

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading