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ITC on repair of motor veh

rani (sr accountant) (68 Points)

27 March 2019

whther we can claim ITC on repair of motor vehicle of director...

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CA Sai Anuraag K S (Chartered Accountant) (38 Points)
Replied 27 March 2019

If the vehicle has been used by the director for business purposes, then yes. If used for personal, then no. If partly for business and partly for personal, then proportionately

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VIKAS SAINI (1157 Points)
Replied 27 March 2019

No itc available on director vehical

CA Sai Anuraag K S (Chartered Accountant) (38 Points)
Replied 27 March 2019

Yeah, vehicle must be provided by company to director as a perquisite.. then I think you can claim

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