Itc available on diwali gift

ITC / Input 853 views 2 replies
Can we take the input on diwali gift like as jewellery item, sweet and other gift
Replies (2)
yes I think
No. You can't take input tax credit for Diwali gifts. It is a blocked credit under section 17(5).


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register