input tax credit
parv gupta (parv) (30 Points)
24 June 2017
Can input tax credit be taken on laptop or mobile purchased for office use or for staff/director.
2 Replies
Naresh
(Jr. Officer)
(20 Points)
Replied 24 June 2017
Yes, you can take ITC on laptop.
plz refer sec-16(1) of CGST ACT.
plz refer sec-16(1) of CGST ACT.
Harsh Surana
(Chartered Accountant)
(51 Points)
Replied 24 June 2017
According to Section 16 , you can take credit of mobile and laptop but on such credit depreciation will bot be allowed under income tax
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