ITC ON REPAIR & MAIN OF IMMOVABLE PROPERTY
If any expenditure related to the property, itc available? For example, repairs of building
Replies (1)
If it's book as Repair then ITC can be availed.
Note : Generally such expenses are to be capitalised to Building A/c , hence the ITC is not available in that case
Note : Generally such expenses are to be capitalised to Building A/c , hence the ITC is not available in that case
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