1. Renovation and alteration work of business place carried out. Can ITC be claimed?
2. Can Input be claimed for material purchased for marketing of business place?
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ITC on Renovation and Marketing spends
Replies (1)
| Expense Type | ITC Status | Key Condition |
| Renovation (Capitalized) | Blocked | Section 17(5) prevents credit on immovable property construction. |
| Renovation (Revenue Expense) | Eligible | Must be routine maintenance, not capital improvement. |
| Marketing Materials | Eligible | Must be for business promotion and hold a valid tax invoice. |
| Marketing (Gifts/Samples) | Blocked | Section 17(5)(h) prohibits credit on goods given as free gifts. |
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