Menu
ITC on purchase of Car
Car purchased by a proprietor for personal & business purpose. Can we claim the GST paid while purchase as ITC?
Replies (3)
No...
Can't avail the ITC benefits for the Purchase of Car except it related Business...
Can't avail the ITC benefits for the Purchase of Car except it related Business...
No, ITC can't be claimed. Sec.17(5)
even it for fully for business purpose itc can't be claimed
except It is for transportation of Goods or passenger,
motor driving school etc
except It is for transportation of Goods or passenger,
motor driving school etc
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
