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Journal entry for purchase of Lens

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(Querist)
21 February 2022 Dear All,

Our is a LLP concern. We have purchased Lens for partner from Lensfit Inernational Pvt Ltd billed in the name of LLP. Payment is made by partner from his personal account. Can we claim the ITC for the same and can we take the bill into LLP books of accounts. what will be the expense head for account. Please clarify.

Thanking you.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 February 2022 ITC can't be claimed of personal use lens.
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CA Puja Sharma

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CA Puja Sharma (Expert)
21 February 2022 Yes you cannot atke the ITC of the lens because they cannot be used for the business.
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Suhasini Lad

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Suhasini Lad (Querist)
21 February 2022 Thank you, for the reply

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