ITC on painting materials

Marimuthu (Manager) (525 Points)

22 October 2022

Experts,

Can a company avail the ITC on purchase of painting materials for building's repair and maintenance work.

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193867 Points)
Replied 22 October 2022

Yes, provided the repairs expenses are debited to P&L acc, [and not capitalized.]

3 Like

sabyasachi mukherjee (27734 Points)
Replied 23 October 2022

Provided used for the furtherance of business.

1 Like

Marimuthu (Manager) (525 Points)
Replied 07 November 2022

Thank you experts for your replies

1 Like

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193867 Points)
Replied 07 November 2022

You are welcome..

Abdullah Awan (2 Points)
Replied 22 November 2022

https://fixwix.ae/painting-services/
Informative post! This is a great share thank you

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