09 June 2023
mr x having textile business has an additioanl office which he has rented out to mr. y (who is gst dealer in computers) .
mr.x wants to buy an ac for use by his tenant mr.y .
who can claim itc on this ac ? my view --> mr.x is getting rental income (he is gst dealer for his seperate textile business) so he cant claim itc as its not used in his textile business.
mr.y cant claim if mr. x has purchased it. so is it wiser that mr.y buys ac in his name so atleast someone can get itc?
09 June 2023
on the contrary, now i feel, itc can be taken if propretor has rental income (on which he paying gst) even if his main business is trading clothes.