08 February 2018
Hello Dear ExpertA Register Dealer purchasing taxable item for there house construction by there Proprietor name then can we take ITC ?
09 February 2018
As per Section 17(5)(d), Input tax credit shall not be available for goods or services or both received by a taxable person for construction of an immovable property (other than plant and machinery) on his own account including when such goods and services or both are used in the course or furtherance of business.
CAclubindia
