Menu
itc shed repairs & maintenance
material like cement, steel purchased amount of rs 200,000 for shed repairs & maintenance. Can we take itc on it ? We have taken itc on it in Dec 3b. If we cant take itc dan how can we reverse in Jan 3b ?
Replies (4)
Yes , yes u can avail itc on same if u have not capitalised the same ... but plz check whether it is really a revenue nature expenditure. it is advisable if it is owned building then capitalised it, & no ITC is available.
Yes u can deduct it from Total ITC of Jan month , show the balance in 3b for jan
Yes u can deduct it from Total ITC of Jan month , show the balance in 3b for jan
actually itc of dat material is 36000 and itc in Jan 29000 so can I adjust balance itc in Feb 3b
Yes u can adjust balance in feb
Yeah I have clarified dis exp is of revenue nature
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
