Input Tax Rebate on Construction
ABHISHEK SURANA (27 Points)
01 September 2021
Purchase of materials for the purpose of construction of Wearhouse building is eligible for Input credit
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 01 September 2021
Yes ITC can be claimed
Rajendra Prasad
(Employee Private)
(1895 Points)
Replied 02 September 2021
If the immovable property is for your own then you are not eligible. If you are providing Works contract services to your Customer then you are eligible for availing ITC.
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