Celebrate Freedom with 10% OFF on CAclubindia Pro Membership. Subscribe Now!

Query related to input tax

377 views

Save Share

Join Us Follow Us Add as Source

Mackie

Entrepreneur

290 Points Posted on 30 April 2021

hello can I claim input tax for domain and hosting renewal for my company website? Its a proprietorship firm.

Also, if I have to claim input tax for the mobile bills used for work related matters. Do the mobile number has to b registered in my firms name or its ok if the numbers are on my name in case of a proprietorship firm.

Thanks for all the help.

Replies (6)

Quick Summary

This discussion clarifies whether input tax can be claimed for domain and hosting renewals for a company website, as well as for mobile bills used for business purposes. The consensus is that input tax credit (ITC) is claimable for these expenses. For mobile bills, the number can be registered either in the proprietor's name or the firm's name, provided the proprietorship's GSTIN is on the invoice.

CMA Poornima Madhava

CMA

13117 Points Posted on 30 April 2021

Yes, you may claim ITC on domain and hosting renewal charges as well as on mobile phone expenses. The bill can be either in the name of the proprietor or on the name of the proprietorship concern. Just ensure that the GSTIN of the proprietorship concern is mentioned on all such invoices.

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 30 April 2021

Yes you can claim ITC for domain and hosting renewal for my company website. Mobile number can be registered either under firm's name or under proprietorship firm