Menu
ITC on repair to building
i too had the same veiw as yours before one big consultant ask me to read the provision carefully. the explanation wrirten as to the extent capitalised.
Dear Vishal,
If the repair expenses of building is capitalised in the books of account the ITC is not available if repair expenses are treated as revenue expenses then you can claim ITC.
Recent Topic
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
Related Topics
CAclubindia
