Experts,
Can a company avail the ITC on purchase of painting materials for building's repair and maintenance work.
Yes, provided the repairs expenses are debited to P&L acc, [and not capitalized.]
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160327 Points)
Replied 22 October 2022
Yes, provided the repairs expenses are debited to P&L acc, [and not capitalized.]
sabyasachi mukherjee
(26039 Points)
Replied 23 October 2022
Abdullah Awan
(2 Points)
Replied 22 November 2022
https://fixwix.ae/painting-services/
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