ITC Vs 40A(3)
Aamir Ansari (Student) (101 Points)
01 May 2018
payment made in cash in excess of Rs 10000 for purchase of Fixed Asset. can itc be claimed ?
Aamir Ansari (Student) (101 Points)
01 May 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170790 Points)
Replied 01 May 2018
Sec 40A(3) of I T Act, doesn't restrict claim of ITC under GST.
Ankita Chachan
(practitioner)
(548 Points)
Replied 21 August 2018
No restriction on ITC. u can claim it
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
