itc on fixed assets
Swapnil Patel (1 Points)
23 September 2017Swapnil Patel (1 Points)
23 September 2017
Kamlesh Choudhary
(CA student)
(83 Points)
Replied 23 September 2017
RAJA P M
("Do the Right Thing...!!!")
(127072 Points)
Replied 23 September 2017
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...
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"