ITC CLAIM

ITC / Input 210 views 4 replies
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asdf
42 Points Joined February 2012
WE ARE PROCESSORS OF NATURAL RUBBER.
WE PURCHASED SQUARE PIPE AND SHEETS FOR MAINTENANCE OF OUR FACTORY BUILDING ROOF. CAN WE CLAIM ITC OF THE ABOVE PURCHASE.
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On 20 May 2018 at 10:48 Report
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Accountant
3479 Points Joined August 2014
Yes, you can claim ITC
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On 20 May 2018 at 10:52
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Chartered Accountant
2195 Points Joined December 2014
No u can't claim see section 17(5)
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On 20 May 2018 at 11:29
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Accountant
3479 Points Joined August 2014
Yes, you can claim ITC (please book expenses p & l account not capitalized)
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On 20 May 2018 at 11:44
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Chartered Accountant
2195 Points Joined December 2014
It's factory building he can't claim
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On 20 May 2018 at 11:56


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