input credit on R&D expenses
harshal vashi (employee) (63 Points)
23 December 2017
input credit of Gst available on R&D and any correlation between income tax and on benefit of R&D expenses
1 Replies
CA SUDHINDRA D S
(Practising CA)
(761 Points)
Replied 23 December 2017
input can be claimed if it is used for business... Provided the same is not covered under sec 17(5). There is no connection with income tax
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