ITC ON HOME LOAN PROCESSING CHARGE

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SELF
79 Points Posted on 15 March 2021
can we claim itc on home loan
processing charge?
thanks....
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On 15 March 2021 at 17:57 Report
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Quick Summary
This discussion explores whether Input Tax Credit (ITC) can be claimed on home loan processing charges. The consensus is that ITC cannot be claimed for expenses of a personal nature, and the relevance of a home loan to business activities is questioned in this context.

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CMA
13117 Points Posted on 15 March 2021
No input tax credit (under GST) can be claimed in respect of any expense of personal nature.
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On 15 March 2021 at 18:31
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Chartered Accountant
24588 Points Posted on 15 March 2021
No you can't
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On 15 March 2021 at 18:56
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Practicing Chartered Accountant
959 Points Posted on 15 March 2021
How is the home loan related to business ?
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On 15 March 2021 at 23:55

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