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 ?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 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
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