Easy Office
Easy Office

Itc for sale of flats

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 March 2018 Hello, I have query how ITC taken on sale of flats.
some flats sale before completion and some after completion then how Input taken on proportion basis of sales done before completion certificate? or For example one project make 10 flats and 5 sold before completion certificate and 5 after completion and my total Input for 10 flats are 1cr. then i can claim full 1 cr as ITC or proportion basis. please guide me thanks
Profile Image

Udaya Chandran

Profile Image

Udaya Chandran (Expert)
07 March 2018 As per my opinion, you can take credit on proportionate basis.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links