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...
3 Replies
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
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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