Can I take ITC on JCB and cranes by treating them as equipments.
Lokesh Sagar Gouni (62 Points)
11 February 2019Lokesh Sagar Gouni (62 Points)
11 February 2019
CA CS Chirag
(Practicing CA)
(834 Points)
Replied 11 February 2019
if it is used for furtherance of business you can take credit. for eg. if your client is engaged in providing site preparation/ earth moving services credit can be taken.