Itc allowed on lightning protection system
srikumar (audit staff) (1203 Points)
29 November 2021
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 29 November 2021
In my view credit is eligible. The essence is would it be considered as 'telecommunication tower' if fixed to one, or a civil structure of any sorts. If not, as it is used in the course and furtherance of business, credit should be eligible fully