Service Tax credit

Dear All

Can we take full service tax credit on (Building) Capital Nature Exp? in one Financial Year

 

 

 

Replies (1)

No, you cannot take service tax credit on construction of building.

Secondly, any capital credit should be taken 50% in the current year and 50% in the next year.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register