the tax payer in the business of letting out of machine.
can the tax payer avail ITC on repairs to machinery and ITC on insurance to machinery
Menu
ITC on repair to machinery
Replies (3)
Quick Summary
Input tax credit on repairs to machinery can be availed provided used for the purpose of machinery.
@ Mr Visu Iyer,
Yes, ITC can be available for that machinery repair service and Insurance on Machinery.
Yes, ITC can be available for that machinery repair service and Insurance on Machinery.
Used for the purpose of business.
wrongly written machinery
wrongly written machinery
Recent Topics :
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
Related Topics :
CAclubindia
