Itc on lease amount is allowed
jagat singh (22 Points)
20 May 2020
in lease amount itc paid, can i eligible for taken credit of itc
jagat singh (22 Points)
20 May 2020
CA Akshay Hiregange
(Partner - Audit & Assistance)
(3975 Points)
Replied 20 May 2020
Generally yes, unless it is in relation to leasing of motor vehicle or any other item specifically disallowed in Section 17(5)
Pankaj Rawat
(GST Practitioner)
(55010 Points)
Replied 21 May 2020
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