A Ltd. a Civil Contractor, Purchase TV, Mobile, RO & Refrigerator on its Co. Name.
Can A Ltd. Claim ITC on purchase of such articles?
Menu
ITC claim on Purchase of TV, Refrigerator, mobile etc
Replies (2)
No. Not directly related to supply, better to capitalize it with the cost and claim depreciation over the assets.
on capital asset will be ineligible.
for revenue yes it eligible for furtherance of business.
for revenue yes it eligible for furtherance of business.
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
