Dear Sir,
We have purchase Note counting machine please suggest in which group I create the ledger also suggest can I claim ITC on machine bill reflect in 2A
Note counting machine is one type of fixed asset under plant and machinery head. So group head is Fixed Assets.
Yes, bill reflected in 2A, ITC can be claimed.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
