Regarding laptop

we purchase laptop in cash amount 21000 in cash for business use can we claim itc nd depriciation
Replies (2)
Quick Summary
If you've bought a laptop for your business using cash, you can claim Input Tax Credit (ITC) under the GST Act. However, depreciation cannot be claimed under the Income Tax Act for this purchase. The ITC claim is permissible.

You may claim ITC under gst act.

No depreciation can be claimed under income tax act.

Itc can be claimed

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