Menu
input tax credit
Can input tax credit be taken on laptop or mobile purchased for office use or for staff/director.
Replies (2)
Yes, you can take ITC on laptop.
plz refer sec-16(1) of CGST ACT.
plz refer sec-16(1) of CGST ACT.
According to Section 16 , you can take credit of mobile and laptop but on such credit depreciation will bot be allowed under income tax
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
