itc on expenses under gst
Sabita Sahoo (622 Points)
30 May 2019
can we take ITC on all expenses reflected in debit side of P/L account under Gst?
1 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 30 May 2019
Most of the expenses except those specified in section 17(5) of cgst act. provided you are supplying taxable goods or services
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
