becker
CIBIL
gst course

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sec 17(5) d blocked itc apply here


kiran (accounts manager)     28 November 2020

kiran
accounts manager 
 2 likes  76 points

| My Other Post

manufacturing company also does renting of commercial buildings, and spends on painting and electrical fittings. does these come under blocked itc u/s 17(5) d.

JATINDER KUMAR

JATINDER KUMAR (Accountant)     28 November 2020

JATINDER KUMAR
Accountant 
 262 likes  3642 points

View Profile | My Other Post

No.......

1 Like
Shivam RC

Shivam RC (Student)     29 November 2020

Shivam RC
Student 
 2953 likes  23376 points

View Profile | My Other Post

If it is Capitalized, they you are not eligible to claim ITC on Painting and Electrical fittings. However if it is booked as a Revenue Expenditure in the P&L A/c, then you can claim ITC.

kiran

kiran (accounts manager)     29 November 2020

kiran
accounts manager 
 2 likes  76 points

View Profile | My Other Post

Ok, thank you.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Bajaj Finserv

Related Threads


Loading


Trending Tags