Menu
itc on fixed assets
i have purchase computer.so i hve fully claim input tax credit???
Replies (5)
Yes.....
Yes.....
but I think no depreciation will b allowed on this ITC portion under income tax aAct
| Originally posted by : Kamlesh Choudhary | ||
 |
but I think no depreciation will b allowed on this ITC portion under income tax aAct |  |
Mr. Choudhary....!
You Don't think. Bcoz, You are exactly correct....
ITC is available in above query...
Depreciation allowed only the Material cost...
Thank u So much....Mr. Raja
Recent Threads
- RCM doubt please clarify
- Should open NRO account?
- Which IT section applicable for cash transaction i
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
Related Threads
CAclubindia
