ITC eligible
Ajay Prajapati (512 Points)
10 October 2017
can we eligible for ITC on phone bill (operator registered ) for business use ?
Ajay Prajapati (512 Points)
10 October 2017
Sujit Saha
(243 Points)
Replied 10 October 2017
Ajay Prajapati
(512 Points)
Replied 10 October 2017
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 10 October 2017
Yes Credit can be claimed on Plant and machinery also if it is used for business purpose. 100% credit can be claimed in the intial year itself
Sujit Saha
(243 Points)
Replied 10 October 2017
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 10 October 2017
It's not required that he has to sale the plant and machinery. If he uses that P&M for any taxable supply then also he can avail the credit.
Sujit Saha
(243 Points)
Replied 10 October 2017
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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