Itc on mobile
kiran (accounts manager) (262 Points)
17 November 2020
itc for mobile phone can be taken? if purchased in the partnership business
2 Replies
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 17 November 2020
Yes
You can claim ITC if business use
No restrictions
You can claim ITC if business use
No restrictions
Shivam RC
(Student)
(23683 Points)
Replied 17 November 2020
If it is being used in the course of business, then YES Input Tax Credit on Mobile Phone can be claimed provided that all the Four conditions as laid down U/s 16(2) of the CGST Act 2017 for claiming ITC has been satisfied...
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