HELLO
CAN I GET ITC CREDIT ON PURCHASE OF COMPUTER?? IF YES THEN HOW IN 5 YEARS INSTALLMENT?
Rupesh Kadam (Accountant) (39 Points)
26 February 2018HELLO
CAN I GET ITC CREDIT ON PURCHASE OF COMPUTER?? IF YES THEN HOW IN 5 YEARS INSTALLMENT?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 26 February 2018
VINEETH.R
(FINANCIAL ACCOUNTANT)
(458 Points)
Replied 26 February 2018
Yes you can directly claim the itc for purchasing computer. But if you take the itc, then you can't claim the depreciation for that amount. You can't capitalize that gst amount .
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961