ITC on general insurance of vehicles
ghanshyam lohar (30 Points)
12 August 2018
do we can claim ITC on insurance premium of vehicles that are used in pvt ltd company for road works projects
4 Replies
rishika singhania1
(15 Points)
Replied 12 August 2018
yes we can claim if the insurance is in the name of company.
Vinod Babu
(24191 Points)
Replied 13 August 2018
There is no restriction on ITC towards Insurance paid on vehicle .so you can claim ITC on insurance premium.
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