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Restriction on ITC for Capital goods

This query is : Resolved 
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(Querist)
21 September 2024 Can I claim substantial amount of ITC for capital goods at once? suppose ITC for purchase of Machinery is Rs. 15,42,744 can I claim it in month of purchasing it?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 September 2024 Yes ITC can be claimed fully in the month of purchase on capital goods.

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